More articles about: consumer confidence index

Filipino Consumers Welcomed 2019 with Less Pessimism Than Last Year

But a majority of them still have a negative sentiment about their current economic situations.

The consumer confidence index, which the Bangko Sentral ng Pilipinas (BSP) uses to measure Filipinos’ current sentiments about their households, stood at -0.5 for the first quarter of 2019.While the negative index means that more consumers are pessimistic rather than optimistic about ...

Industry

Filipinos are Even More Pessimistic Than Before as Consumer Confidence Hits Four-Year Low

The Confidence Index also saw its biggest quarter-on-quarter drop since the survey started.

The consumer confidence index, which measures Filipinos’ sentiment regarding their households’ financial and economic status, stood at -22.5 percent for the fourth quarter of 2018, according to the Bangko Sentral ng Pilipinas (BSP).This is much lower than the -7.1 percent index recorded ...