Optimism among Filipino households declined slightly in the second quarter with overall confidence dropping from the previous quarter, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.
The central bank’s latest Consumer Expectations Survey (CES) showed a marginal decline in the confidence index (CI)--computed as the percentage of those who answered in the affirmative minus the percentage of those who answered otherwise--to -6.4 percent from -5.7 percent in the first quarter.
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