Philippines Consumer Confidence  2007-2017 | Data | Chart | Calendar

Consumer Confidence in Philippines increased to 9.20 in the fourth quarter of 2016 from 2.50 in the third quarter. It was the hits a new record as all component indicators increased significanly, namely driven by country's economy confidence (+21.9 percent from +9.5 percent in third quarter), followed by family income (+4.9 percent from +0.2 percent), and family financial situation (+0.7 percent from -2.2 percent). According to respondents, the following reasons were behind their rising optimism boosted by improvements in the peace and order situation, effective government policy, anticipated increased in salaries, availability of more jobs, and less corruption, intensified anti-drug campaign and improvement in service of government agencies. Consumer Confidence in Philippines averaged -20.33 from 2007 until 2016, reaching an all time high of 9.20 in the fourth quarter of 2016 and a record low of -52.80 in the third quarter of 2008.

Philippines Consumer Confidence
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-13 07:00 AM Q2 -6.4 -5.7 -4.2
2016-09-09 07:00 AM Q3 2.5 -6.4 -8.3
2016-12-12 02:00 AM Q4 9.2 2.5 1.8
2017-03-13 02:00 AM Q1 9.2 5.10
2017-06-13 02:00 AM Q2 3.62
2017-09-12 02:00 AM Q3 3.69




Philippines Consumer Last Previous Highest Lowest Unit
Consumer Confidence 9.20 2.50 9.20 -52.80 [+]
Retail Sales Yoy 3.60 3.40 79.50 -3.13 percent [+]
Consumer Spending 1421707.00 1398772.00 1421707.00 581662.00 PHP Million [+]
Personal Savings 3939347.71 3895133.06 3939347.71 1124351.04 Million PHP [+]
Bank Lending Rate 5.63 5.53 39.73 5.09 percent [+]
Retail Sales Mom 0.40 0.60 14.43 -2.51 percent [+]
Consumer Credit 229.06 224.38 229.06 76.00 PHP Billion [+]
Gasoline Prices 0.85 0.87 1.29 0.34 USD/Liter [+]



Philippines Consumer Confidence Notes

In Philippines, the Consumer Expectations Survey covers over 5,000 households of which around 50 percent are from the national capital region Metro Manila. The questions address overall conditions of the economy, household finances and household income. The indicator is computed by subtracting the percentage of firms that answer positively from the percentage that answer negatively. The index varies between -100 and 100; a positive value indicates a favorable view, a negative value shows lack of confidence and zero indicates neutrality. This page provides - Philippines Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
9.20 2.50 9.20 -52.80 2007 - 2016 Quarterly



Last
Albania -9.60 Dec/16
Argentina 44.48 Dec/16
Armenia 42.60 Jun/16
Australia 97.40 Jan/17
Austria -2.00 Dec/16
Azerbaijan 23.80 Sep/14
Belgium 0.00 Jan/17
Brazil 100.30 Dec/16
Bulgaria -27.90 Dec/16
Canada 84.40 Dec/13
Cape Verde 8.00 Sep/16
Chile 37.20 Nov/16
China 108.40 Dec/16
Colombia -10.70 Dec/16
Croatia -14.90 Dec/16
Cyprus -1.20 Dec/16
Czech Republic 108.70 Dec/16
Denmark 4.50 Jan/17
Ecuador 40.10 Oct/16
Egypt 70.00 Sep/16
Estonia -3.30 Dec/16
Euro Area -4.90 Jan/17
European Union -4.30 Jan/17
Finland 19.50 Dec/16
France 99.00 Dec/16
Georgia -26.50 Dec/16
Germany 9.90 Jan/17
Greece -64.40 Dec/16
Hong kong 95.00 Sep/16
Hungary -14.10 Dec/16
Iceland 127.70 Dec/16
India 133.00 Sep/16
Indonesia 115.40 Dec/16
Ireland 96.20 Dec/16
Israel -12.50 Dec/16
Italy 111.10 Dec/16
Japan 43.10 Dec/16
Kazakhstan 17.00 Dec/13
Kyrgyzstan 19.50 Jun/16
Latvia -13.00 Nov/16
Lithuania -5.00 Dec/16
Luxembourg 11.80 Dec/16
Malaysia 73.60 Sep/16
Malta 1.70 Dec/16
Mexico 85.70 Dec/16
Morocco 73.80 Sep/16
Netherlands 13.00 Jan/17
New Zealand 113.10 Dec/16
Nigeria -29.80 Dec/16
Norway 0.35 Dec/16
Oman 83.10 Mar/16
Pakistan 174.19 Nov/16
Peru 104.00 Dec/16
Philippines 9.20 Dec/16
Poland -1.20 Jan/17
Portugal -8.20 Dec/16
Qatar 185.20 Mar/16
Romania -17.40 Dec/16
Russia -18.00 Dec/16
Saudi Arabia 100.00 Sep/16
Slovakia -5.00 Dec/16
Slovenia -3.00 Jan/17
South Africa -10.00 Dec/16
South Korea 93.30 Jan/17
Spain 100.70 Dec/16
Sweden 103.20 Dec/16
Switzerland -13.00 Dec/16
Taiwan 77.22 Dec/16
Thailand 73.70 Dec/16
Turkey 66.90 Jan/17
Ukraine 57.10 Dec/16
United Arab Emirates 108.00 Sep/16
United Kingdom -7.00 Dec/16
United States 98.10 Jan/17
Venezuela 57.00 Sep/16
Vietnam 144.80 Dec/15