THE country’s business outlook continues to improve in the second quarter despite negative consumer sentiment, the Bangko Sentral ng Pilipinas (BSP) reported on Tuesday.

Results of the central bank’s latest Business Expectations Survey put the second quarter confidence index (CI) — computed as the percentage of companies that answered in the affirmative minus those who replied otherwise — at 40.5 percent, up from 35.2 percent three months earlier.

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