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 4.30 3.60 79.50 -3.13 percent [+]
Consumer Spending 1434402.00 1421707.00 1434402.00 581662.00 PHP Million [+]
Personal Savings 4089543.13 3939347.71 4089543.13 1124351.04 Million PHP [+]
Bank Lending Rate 5.58 5.63 39.73 5.09 percent [+]
Retail Sales Mom 0.50 0.40 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 February 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 40.68 Feb/17
Armenia 42.60 Jun/16
Australia 99.64 Feb/17
Austria 8.00 Jan/17
Azerbaijan 23.80 Sep/14
Belgium -2.00 Feb/17
Brazil 103.80 Jan/17
Bulgaria -25.40 Mar/17
Canada 50.20 Feb/17
Cape Verde 10.00 Dec/16
Chile 40.10 Dec/16
China 109.20 Jan/17
Colombia -30.20 Jan/17
Croatia -17.10 Jan/17
Cyprus -0.90 Jan/17
Czech Republic 108.20 Feb/17
Denmark 4.80 Feb/17
Ecuador 40.10 Oct/16
Egypt 64.00 Dec/16
Estonia -1.70 Jan/17
Euro Area -6.20 Feb/17
European Union -5.20 Feb/17
Finland 21.00 Jan/17
France 100.00 Feb/17
Georgia -26.50 Dec/16
Germany 10.00 Mar/17
Greece -67.80 Jan/17
Hong kong 93.00 Dec/16
Hungary -11.70 Jan/17
Iceland 121.60 Jan/17
India 136.00 Dec/16
Indonesia 115.30 Jan/17
Ireland 103.10 Jan/17
Israel -13.80 Jan/17
Italy 108.80 Jan/17
Japan 43.20 Jan/17
Kazakhstan 17.00 Dec/13
Kyrgyzstan 19.50 Jun/16
Latvia -16.80 Jan/17
Lithuania -6.00 Jan/17
Luxembourg 10.90 Jan/17
Malaysia 69.80 Dec/16
Malta 0.10 Jan/17
Mexico 68.50 Jan/17
Morocco 73.50 Dec/16
Netherlands 14.00 Feb/17
New Zealand 113.10 Dec/16
Nigeria -29.80 Dec/16
Norway 5.20 Mar/17
Oman 78.80 Dec/16
Pakistan 174.85 Jan/17
Peru 96.00 Jan/17
Philippines 9.20 Dec/16
Poland -1.20 Jan/17
Portugal -6.20 Jan/17
Qatar 184.30 Sep/16
Romania -13.00 Jan/17
Russia -18.00 Dec/16
Saudi Arabia 94.00 Dec/16
Slovakia -7.20 Jan/17
Slovenia -9.00 Feb/17
South Africa -10.00 Dec/16
South Korea 94.40 Feb/17
Spain 98.30 Jan/17
Sweden 104.50 Feb/17
Switzerland -3.00 Mar/17
Taiwan 74.35 Jan/17
Thailand 74.50 Jan/17
Turkey 65.70 Feb/17
Ukraine 53.70 Jan/17
United Arab Emirates 108.00 Dec/16
United Kingdom -5.00 Jan/17
United States 95.70 Feb/17
Venezuela 57.00 Dec/16
Vietnam 144.80 Dec/15