Consumer confidence weakens while businesses are upbeat — BSP polls

MANILA, Philippines — Filipino consumers’ optimism for this quarter and the next 12 months weakened as inflation squeezes household budgets, although businesses were more upbeat. The Bangko Sentral ng Pilipinas (BSP) on Friday reported that its nationwide survey of households showed consumers’ overall confidence index (CI) declined to 2.7 percent for the April-June period from
Read The Rest at :