Philippines Retail Price Index YoY  Forecast


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Retail Sales Yoy in Philippines is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales Yoy in Philippines to stand at 5.87 in 12 months time. In the long-term, the Philippines Retail Price Index YoY is projected to trend around 4.00 percent in 2020, according to our econometric models.


Philippines Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Confidence 10.2 7.5 8.2 6.7 2.69 7
Retail Sales Yoy 3.2 3.6 3.8 4 5.87 4
Consumer Spending 1484165 1520000 1520000 1570000 1569674 1780000
Personal Savings 4256605 4333756 4345145 4344559 4339088 4263177
Bank Lending Rate 5.67 5.5 5.7 5.9 7.5 6.2
Retail Sales Mom 0.3 0.1 0.55 0.56 0.56 0.1
Gasoline Prices 0.95 0.92 0.96 0.96 0.96 1.2
Consumer Credit 264 263 272 280 277 346
Consumer Confidence Current Conditions 13.9 8.3 6.84 2.54 -1.2 -17.13
Consumer Confidence Economic Expectations 40.4 29.08 25.76 22.98 20.4 9.66
Consumer Confidence Unemployment Expectations 1.9 15.44 19.97 23.98 27.38 41.19