Consumer Spending in Philippines is expected to be 1756526.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Philippines to stand at 1580463.00 in 12 months time. In the long-term, the Philippines Consumer Spending is projected to trend around 2001657.00 PHP Million in 2020, according to our econometric models.


Forecast Data Chart
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Philippines Consumer Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Consumer Confidence -7.1 -7.5 -5.8 2.1 3.4 7
Retail Sales Yoy 4.3 4.8 4.2 3.9 3.5 4
Consumer Spending 1479834 1756526 1572894 1659725 1580463 2001657
Personal Savings 4677798 4720000 4810000 4890000 4940000 5660000
Bank Lending Rate 6.21 6.21 6.21 6.21 5.71 4.96
Retail Sales Mom 0.9 -0.2 0.4 0.6 0.8 0.1
Gasoline Prices 1.06 1 0.92 0.87 0.81 1.2
Consumer Credit 319 333 345 353 362 375
Consumer Confidence Current Conditions 13.9 14.41 14.31 14.19 14.19 14.22
Consumer Confidence Economic Expectations 40.4 32.26 31.99 31.8 31.8 31.38
Consumer Confidence Unemployment Expectations 1.9 -0.31 -4.45 -0.28 -0.28 -0.56