Consumer sentiment weakened in the third quarter as families expressed concern over food and basic commodity prices, political controversies, higher household expenses, and uncertainty about employment and income prospects, the Bangko Sentral ng Pilipinas (BSP) said on Friday.

Results of the Consumer Expectations Survey (CES) conducted by the BSP showed overall consumer sentiment declined by 9 percent to -26.3 percent from -17.3 percent recorded for the second quarter. The survey was conducted from July 1 to July 12, and collected responses from 5,948 households nationwide.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details