Philippines Leading Economic Index - Forecast

Leading Economic Index in Philippines is expected to be -0.03 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Philippines to stand at -0.04 in 12 months time. In the long-term, the Philippines Leading Economic Index is projected to trend around 0.20 percent in 2020, according to our econometric models.


Philippines Leading Economic Index
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Philippines Business Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Business Confidence 39.3 45.8 47 41.89 41.35 50
Industrial Production 21.3 16.7 9.5 6.6 7.9 5.3
Capacity Utilization 84.25 84.23 84.5 84.78 84.23 83.9
Changes in Inventories 26888 24253 25376 24232 19559 19991
Internet Speed 5451 7332 7626 7914 8198 10763
IP Addresses 1536948 1646837 1663466 1679262 1694810 1839761
Total Vehicle Sales 9401 9887 17785 9773 9772 21450
Manufacturing Pmi 52.9 51.8 52.5 52.3 53 54.4
Competitiveness Index 4.35 4.35 4.35 4.35 4.34 4.34
Competitiveness Rank 56 56 56 55 55 53
Ease of Doing Business 113 118 90 124 123 83
Corruption Index 34 33 33 34 35 38
Corruption Rank 111 109 109 118 119 110