Philippines consumer confidence

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Philippines consumer confidence: -11.1 (-28.85%)
Last Update: December 31, 2024

Philippines consumer confidence closed down -11.1 as of December 31, 2024 from -15.6 from the previous month and -24 from last year.


Philippines consumer confidence Analytics & Data




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Philippines consumer confidence

Date Values
2024-12-31 -11.1
2024-09-30 -15.6
2024-06-30 -20.5
2024-03-31 -10.9
2023-12-31 -19
2023-09-30 -9.6
2023-06-30 -10.48
2023-03-31 -10.4
2022-12-31 -14.6
2022-09-30 -12.9
2022-06-30 -5.2
2022-03-31 -15.1
2021-12-31 -24
2021-09-30 -19.3
2021-06-30 -30.9
2021-03-31 -34.7
2020-12-31 -47.9
2020-09-30 -54.5
2020-03-31 1.26
2019-12-31 1.31
2019-09-30 4.6
2019-06-30 -1.3
2019-03-31 -0.5
2018-12-31 -22.5

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Philippines consumer confidence Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
consumer confidence ph.consconfidence -11.1 -15.6 -29 -54 UP UP 0 2024-12-31

Philippines consumer confidence Quantitative Analysis, Charts & Factors

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Philippines consumer confidence Historical Data

The MacroVar database offers free access to historical data for the Philippines consumer confidence, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Philippines consumer confidence data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Philippines consumer confidence

Consumer confidence in the Philippines is a key indicator of the country's economic health and overall sentiment among its residents. A high level of consumer confidence suggests that people are more willing to spend money on goods and services, which can stimulate economic growth. Factors that can influence consumer confidence include job security, income levels, inflation rates, and overall economic stability. When consumer confidence is low, it can lead to decreased spending, lower investment, and slower economic growth. Monitoring consumer confidence in the Philippines is crucial for policymakers and businesses to assess the state of the economy and make informed decisions.

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