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Philippines Consumer Confidence

Consumer confidence in the Philippines reached -9.8 points in Q3 2025. This is the highest level recorded since Q3 2023 and represents a 30% increase from Q2 2025's -14 points. Consumers anticipate improved job prospects, higher incomes and stable prices. They expect inflation to stay within the government's target range for the next twelve months. New income sources, increased earnings and more working family members are contributing to this optimism. The Philippines' record low consumer confidence was -54.5 points in Q3 2020 and record high was 13.1 points in Q2 2017.

Quarterly Historical Data (2015-2025)

(in points)
Quarter Consumer Confidence (points)
Q3 2025 -9.8
Q2 2025 -14
Q1 2025 -13
Q4 2024 -11.1
Q3 2024 -15.6
Q2 2024 -20.5
Q1 2024 -10.9
Q4 2023 -19
Q3 2023 -9.6
Q2 2023 -10.5
Q1 2023 -10.4
Q4 2022 -14.6
Q3 2022 -12.9
Q2 2022 -5.2
Q1 2022 -15.1
Q4 2021 -24
Q3 2021 -19.3
Q2 2021 -30.9
Q1 2021 -34.7
Q4 2020 -47.9
Q3 2020 -54.5
Q1 2020 1.3
Q4 2019 1.3
Q3 2019 4.6
Q2 2019 -1.3
Q1 2019 -0.5
Q4 2018 -22.5
Q3 2018 -7.1
Q2 2018 3.8
Q1 2018 1.7
Q4 2017 9.5
Q3 2017 10.2
Q2 2017 13.1
Q1 2017 8.7
Q4 2016 9.2
Q3 2016 2.5
Q2 2016 -6.4
Q1 2016 -5.7
Q4 2015 -8.1
Q3 2015 -11.6

Recent Events

datetime event actual previous consensus
2025-09-25 11:40 PM Consumer Confidence (Q3) -9.8 -14 -

Next Release Date :

Philippines Consumer Confidence : Definition
Philippines consumer confidence measures Filipino households' optimism about the countrys economy and their personal financial situation. The Bangko Sentral ng Pilipinas calculates this index from survey responses regarding current economic conditions, future expectations and employment prospects. It represents a net balance indicating whether optimists or pessimists outweigh each other.