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Business > Top Business
BSP poll: Consumers still mostly pessimistic
By Niña Myka Pauline Arceo
Apr 15, 2023 12:41 am

Confidence index negative but number of optimistic households increase

FILIPINO consumers remain mostly pessimistic but the ranks of those with upbeat outlooks increased in the first quarter, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.

Results of the central bank's latest Consumer Expectations Survey (CES) saw the overall confidence index (CI) improving to -10.4 percent in the first quarter from -14.6 percent three months earlier.

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