BSP confidence polls show split outlook

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PERCEPTIONS of the "pervasiveness of corruption in the government” have reduced the optimism of consumer expectations in the next 12 months, according to the Bangko Sentral ng Pilipinas (BSP).

The households surveyed for the CES were composed of 38.4 percent middle income or those earning P10,000 to P29,999 a month; 36.5 percent high income, P30,000 and over; and 25.1 percent low income, less than P10,000 a month.

Alegre said the firms identified the increase in demand for certain goods and services such as food and beverage, apparel, education and personal services as the reasons for increased optimism.

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Article Details

Author / Journalist: Cai U. Ordinario

Category: BusinessStartups

Markets: Philippines

Topics: Quarter Optimistic Cited Current Services Income Percent Data Months Second Optimism

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-27 @ 16:05:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 666 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 22752637

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News Last Updated: 11 hours ago

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