Business, consumer sentiment to weaken through Q3 — BSP survey

Businesses are less upbeat while Filipino consumers turned pessimistic about the third quarter, with inflation still a common concern for them, the Bangko Sentral ng Pilipinas (BSP) reported on Friday. A quarterly BSP survey of 5,475 households showed the overall confidence index (CI) of Filipino consumers for the next quarter had turned negative at -0.4
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