Philippines Consumer Confidence

Last Release

Sep 30, 2025

Actual

-9.8

Units In

Points

-14

Frequency

Quarterly

Next Release

Dec 23, 2025

Time to Release

2 Months 25 Days 4 Hours

Highest	Lowest	Average	Date Range	Source
13.1 Jun 2017	-54.5 Sep 2020	-16.18 Points	2007-2025	N/A

In Philippines, the Consumer Expectations Survey covers over 5,000 households of which around 50 percent are from the national capital region Metro Manila. The questions address overall conditions of the economy, household finances and household income. The indicator is computed by subtracting the percentage of firms that answer positively from the percentage that answer negatively. The index varies between -100 and 100; a positive value indicates a favorable view, a negative value shows lack of confidence and zero indicates neutrality.

Latest Updates

The consumer confidence indicator in the Philippines rose to -9.8 in the third quarter of 2025 from -14 in the previous period. The latest figure marked the highest reading since the third quarter of 2023, mainly driven by new income sources, higher earnings, more working family members, having a stable job, and greater employment opportunities. Among the component indicators, sentiment was largely unchanged on family income (2.2 vs 1.6 in Q2) and financial situation (-7.1 vs -8), while views on the overall economy turned less pessimistic (-24.4 vs -35.6). Notably, the family income index remained positive for the third consecutive quarter, indicating sustained optimism in household inflows. The consumer outlook also improved for both the next quarter (6.9 vs 0.6) and the next 12 months (14.1 vs 11.8), supported by expectations of higher income, additional earnings, more job openings, and stable prices of goods and services.