MANILA, Philippines — Confidence returned to Filipino consumers when polled about their expectations for the first quarter of 2021, after expressing negative sentiment about for the current quarter in the latest survey conducted by the central bank.
At the same time, a parallel survey of the Bangko Sentral ng Pilipinas also showed that local businesses are even more positive about their prospects in the first three months of next year, further building on the muted optimism they expressed in the previous quarter.
The country’s consumers were also less pessimistic for the current quarter as the overall confidence index improved to -47.9 percent from -54.5 percent in the third quar…
Keep on reading: Filipino consumers, businessmen more confident about 2021 prospects — BSP survey