MANILA, Philippines — Filipinos have become more optimistic about their economic prospects in the third quarter of 2021 as well as for the 12 months ahead, according to the latest survey on consumer expectations conducted by the Bango Sentral ng Pilipinas (BSP).
In a press briefing, BSP said consumer sentiment was more upbeat for the current quarter and the year ahead compared to previous periods.
In particular, the confidence index for the third quarter 2021 reverted to positive 1.3% from the previous quarter’s survey result of -2.2%, while the next 12 months’ metric rose to 19.8% from the previous quarter’s survey result of 17.9%.
“According to respondents, their improve…
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