THE country’s business outlook improved in the fourth quarter despite less optimistic consumer sentiment, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.
The results of the central bank’s latest Business Expectations Survey put the October-to-December confidence index (CI) — computed as the percentage of companies that answered in the affirmative minus those who replied otherwise — at 40.2 percent, up from 37.3 percent three months earlier.
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