However, perceptions that the country’s economic prospects in the next quarter will worsen declined to 21 percent from the 22 percent recorded last year.“Diminishing number of Pro-Administration correlates with the nation’s perceived weakening of its current state, seemingly going down the wrong direction, and losing hope that the economic prospect will improve in the next quarter,” Publicus Asia said.“However, household financial prospects is less sensitive though hits lowest again similar to year-ago level.”The survey data also showed household financial prospects in the next quarter was more pessimistic.
The survey data also showed 14 percent of respondents expect their household financial prospects will worsen next quarter, higher than 9 percent in the same period last year.“Weakening perception of the country is pulled by all regions except NCL (Northern and Central Luzon), the President’s stronghold.
Based on its Pahayag for the third quarter 2024, only 53 percent of respondents believe the country’s economic prospects will improve in the next quarter, lower than the 57 percent recorded in the same period last year.
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