THE level of optimism among Filipino households was at an all-time high in the second quarter of 2017, a turnaround from the negative sentiment recorded a year earlier, results of the latest Bangko Sentral ng Pilipinas Consumer Expectations Survey (CES) showed.
The confidence index (CI)—computed as the percentage of those that answered in the affirmative, minus the percentage of those that answered otherwise—totaled 13.1 percent in the second quarter from 8.7 percent in the first quarter.
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