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.


Forecast Data Chart
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Philippines Business Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Business Confidence 30.1 30.1 35 38 42 50
Industrial Production 12.2 16.7 9.5 6.6 7.5 5.3
Capacity Utilization 84.23 84.4 84.5 84.7 84.3 83.9
Changes in Inventories -7153 -3500 4700 24500 19600 19300
Internet Speed 5451 6300 6900 7250 7390 8900
IP Addresses 1536948 1540000 1560000 1574000 1579000 1600000
Total Vehicle Sales 6975 6500 6300 6600 6900 8900
Manufacturing Pmi 51.9 52.1 52.5 52.3 52.7 54.4
Competitiveness Index 4.35 4.35 4.35 4.34 4.34 4.32
Competitiveness Rank 56 56 56 55 55 53
Ease of Doing Business 113 118 118 123 123 126
Corruption Index 34 33 33 34 34 32
Corruption Rank 111 112 112 114 114 117