Markets Actual Q2/26 Q3/26 Q4/26 Q1/27
Currency 61.59 61.44 60.93 60.61 60.29
Stock Market (points) 5963.24 5894 5645 5493 5346
Government Bond 10Y (%) 7.55 7.68 7.56 7.49 7.41

Overview Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Growth Rate (%) 0.90 1.4 1.2 1.3 1
GDP Annual Growth Rate (%) 2.80 5.2 5.5 5.5 5.5
Unemployment Rate (%) 5.00 3.9 4.1 3.9 3.9
Inflation Rate (%) 7.20 5.5 5 5.1 4.5
Inflation Rate MoM (%) 2.60 0.8 0.4 0.3 0.3
Interest Rate (%) 4.50 4.75 4.75 4.75 4.5
Balance of Trade (USD Thousand) -4511803.59 -4400000 -5000000 -3800000 -3800000
Current Account (USD Million) -379.13 -1050 -900 -340 -340
Business Confidence (points) -24.30 18 23 26 30
Consumer Confidence (points) -15.80 -30 -26 -22 -16
Current Account to GDP (% of GDP) -3.30 -3.4
Government Debt to GDP (% of GDP) 63.20 66
Government Budget (% of GDP) -5.60 -6.6

GDP Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Growth Rate (%) 0.90 1.4 1.2 1.3 1
GDP Annual Growth Rate (%) 2.80 5.2 5.5 5.5 5.5
GDP Constant Prices (PHP Million) 5626961.00 6145557 5832748 6733281 5936444
Gross National Product (PHP Million) 6739754.00 6991841 7021938 7099625 7110440
Gross Fixed Capital Formation (PHP Million) 1170458.00 1635671 1276325 1359086 1234833
GDP from Agriculture (PHP Million) 455741.00 459190 433489 557893 480807
GDP from Construction (PHP Million) 314616.00 528350 404712 477329 331920
GDP from Manufacturing (PHP Million) 1084678.00 1024507 854511 1220224 1144335
GDP from Mining (PHP Million) 46036.00 46558 35079 41400 48568
GDP from Public Administration (PHP Million) 245543.00 349418 274991 344499 259048
GDP from Services (PHP Million) 3554330.30 3887755 3890681 4248594 3749818
GDP from Transport (PHP Million) 235278.00 217286 222589 261705 248218
GDP from Utilities (PHP Million) 171560.00 199197 214278 187841 180996
GDP (USD Billion) 461.62 487
GDP per Capita (USD) 3925.30 4141
GDP per Capita PPP (USD) 10375.94 10947
Full Year GDP Growth (%) 4.40 5.5

Labour Actual Q2/26 Q3/26 Q4/26 Q1/27
Unemployment Rate (%) 5.00 3.9 4.1 3.9 3.9
Population (Million) 113.90 115
Minimum Wages (PHP/day) 695.00 660

Prices Actual Q2/26 Q3/26 Q4/26 Q1/27
Inflation Rate (%) 7.20 5.5 5 5.1 4.5
Inflation Rate MoM (%) 2.60 0.8 0.4 0.3 0.3
Consumer Price Index CPI (points) 136.50 134 135 137 139
Core Consumer Prices (points) 132.80 134 134 135 136
Core Inflation Rate (%) 3.90 4.2 3.8 3.6 3.2
GDP Deflator (points) 123.15 126 126 131 129
Producer Prices (points) 100.46 102 103 104 104
Producer Prices Change (%) 2.50 3.8 4.5 4.4 4
CPI Housing Utilities (points) 132.60 129 130 131 133
CPI Transportation (points) 156.50 158 158 159 159
Food Inflation (%) 6.00 7.5 8.8 8 7.2

Money Actual Q2/26 Q3/26 Q4/26 Q1/27
Interest Rate (%) 4.50 4.75 4.75 4.75 4.5
Money Supply M2 (PHP Million) 19864679.10 19200000 19500000 19300000 19300000
Foreign Exchange Reserves (USD Million) 104127.50 102000 100000 103000 105000
Deposit Interest Rate (%) 4.00 4.25 4.25 4.25 4
Lending Rate (%) 5.00 5.25 5.25 5.25 5
Loans to Private Sector (PHP Million ) 12322246.10 12090454 12204631 12831157 12999970

Trade Actual Q2/26 Q3/26 Q4/26 Q1/27
Balance of Trade (USD Thousand) -4511803.59 -4400000 -5000000 -3800000 -3800000
Current Account (USD Million) -379.13 -1050 -900 -340 -340
Imports (USD Thousand) 12678971.03 11900000 12000000 11900000 11900000
Exports (USD Thousand) 8167167.44 7500000 7000000 8100000 8100000
Foreign Direct Investment (USD Million) 590.00 510 580 440 440
Current Account to GDP (% of GDP) -3.30 -3.4

Business Actual Q2/26 Q3/26 Q4/26 Q1/27
Business Confidence (points) -24.30 18 23 26 30
Industrial Production (%) 10.50 2.5 3 7 6
Manufacturing PMI (points) 48.30 51 51.2 52 52

Consumer Actual Q2/26 Q3/26 Q4/26 Q1/27
Consumer Confidence (points) -15.80 -30 -26 -22 -16
Consumer Spending (PHP Million) 4192515.51 4155741 4251214 5070301 4423104
Gasoline Prices (USD/Liter) 1.03 1.37 1.18 0.98 0.98
Consumer Credit (PHP Billion) 1193.86 1089 1155 1260 1260

Government Actual Q2/26 Q3/26 Q4/26 Q1/27
Government Debt to GDP (% of GDP) 63.20 66
Government Budget (% of GDP) -5.60 -6.6