Consumer Spending in Philippines decreased to 3476449.94 PHP Million in the first quarter of 2022 from 3923937.98 PHP Million in the fourth quarter of 2021. source: Philippine Statistics Authority
Consumer Spending in Philippines averaged 1676096.36 PHP Million from 1981 until 2022, reaching an all time high of 3935758.62 PHP Million in the fourth quarter of 2019 and a record low of 633013.60 PHP Million in the first quarter of 1981. This page provides - Philippines Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Consumer Spending - values, historical data and charts - was last updated on June of 2022.
Consumer Spending in Philippines is expected to be 3350088.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Consumer Spending is projected to trend around 4526027.00 PHP Million in 2023 and 4820219.00 PHP Million in 2024, according to our econometric models.