Business optimism dips; consumers less gloomy

Sep 23, 2023 12:38 am

BUSINESS optimism fell in the third quarter while consumer sentiment became slightly less negative, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.

At 35.8, the confidence index (CI) for businesses declined from 40.8 previously while that for consumers improved slightly to -9.6 percent from -10.5 percent, results of the BSP's latest business and consumer expectations surveys showed.

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