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Philippines Consumer Confidence Improves in Q1
Consumer confidence in the Philippines improved in the first quarter of 2026, with the indicator rising to -15.8 from -22.2 in the previous quarter, indicating easing pessimism among households. This was supported by expectations of higher earnings, more stable employment, additional income sources, and more family members joining the workforce. On the component indicators, views were less pessimistic about the country’s economic condition (-40.4 vs -48.4 in Q4), family financial situation (-6.2 vs -14.6), and family income (-0.8 vs -3.5). However, despite the improved current assessment, households became slightly more cautious about the near-term outlook. Weaker confidence was seen for the next quarter (1.8 vs 3.6 in Q4) and the next 12 months (9.6 vs 11.8).