The impact of natural calamities, governance issues, and peace and order in Mindanao weakened consumer sentiment in the fourth quarter of the year, according to the Consumer Expectations Survey (CES) of the Bangko Sentral ng Pilipinas.
In the fourth quarter, the overall consumer confidence index (CI) recorded a 10-quarter low of -21.3 percent from the -7.9 percent in the previous quarter.
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