Consumption Expend

6 Sept 2021 – In the Philippines, even the demand for food is declining — an unfortunate event that doesn’t spare anyone in the food value chain, from farmers to supermarket operators.

Published by rudy Date posted on September 6, 2021

In the Philippines, even the demand for food is declining — an unfortunate event that doesn’t spare anyone in the food value chain, from farmers to supermarket operators. pic.twitter.com/9HPtFORfKL — Mads Miraflor (@madmiraflor) September 6, 2021

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Pinoys are world’s most optimistic consumers – survey

Published by rudy Date posted on August 2, 2016

ABS-CBN News, Aug 02 2016 MANILA – Filipino consumers are the most optimistic in the world, an online consumer survey showed. Results of the Nielsen Global Survey of Consumer Confidence and Spending Intentions showed that Filipinos posted the highest consumer confidence index score among consumers from around the world.

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Filipinos ‘thriftier’ in 2014 amid consumer woes

Published by rudy Date posted on January 1, 2015

Filipinos are becoming more frugal to meet their long-term goals MANILA, Philippines – Despite personal economic growth, Filipino consumers are becoming more cautious and are now setting aside money to achieve their long-term goals while addressing perennial consumer woes.

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Economist warns of uptick in consumer loan defaults

Published by rudy Date posted on January 6, 2014

MANILA – There is a slight increase in the number of borrowers who have missed out on payments for car and housing loans, an economist said on Monday.

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Consumer confidence at all-time high

Published by rudy Date posted on June 14, 2013

CONSUMER CONFIDENCE hit an all-time high in the second quarter, laying the groundwork for the economy to maintain its upward trajectory, the Bangko Sentral ng Pilipinas (BSP) said on Friday.

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Consumer confidence dips

Published by rudy Date posted on March 26, 2013

CONSUMER CONFIDENCE declined slightly in the first quarter but most Filipinos are optimistic with regard to the next three months and the year ahead, the Bangko Sentral ng Pilipinas (BSP) yesterday reported.

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9 products Filipinos can’t live without

Published by rudy Date posted on February 21, 2013

MUST-HAVES. A survey shows products that Filipinos can and cannot do without. Grocery cart image via Shutterstock. MANILA, Philippines – It doesn’t matter how rich or poor Filipinos are. They cannot live without toiletries.

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Local sentiment among the highest worldwide — Nielsen

Published by rudy Date posted on October 30, 2012

THE PHILIPPINES has one of the most optimistic consumers in the world, with the country ranking third among 58 economies in a Nielsen survey that found sentiment as having edged up globally in the third quarter. The country scored 118, up from 112 a year earlier, in the research firm’s latest Consumer Confidence Index that…

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NCR is biggest spending region – NSCB

Published by rudy Date posted on August 18, 2012

MANILA, Philippines – The National Capital Regon (NCR) remained the biggest spender among the regions last year, accounting for over a third of the country’s domestic consumption.

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Low pay, high prices weaken consumer confidence in 1st qtr

Published by rudy Date posted on June 18, 2012

Consumer sentiment in the second quarter (Q2) of 2012 as well as the overall Confidence Index (CI) declined to -19.5 percent from the -14.7 percent in the first quarter (Q1). Respondents cited some reasons for their outlook which includes perceived high cost of goods and services, rising unemployment, low salary and income and the expected…

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Confidence level of consumers up in Q3

Published by rudy Date posted on September 16, 2011

MANILA, Philippines – The confidence level of Filipino consumers for the third quarter improved after declining for two straight quarters on the back of improved sentiments, results of a survey conducted by the Bangko Sentral ng Pilipinas (BSP) showed.

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Filipinos are leading shoppers in Southeast Asia – Nielsen survey

Published by rudy Date posted on August 13, 2011

MANILA, Philippines – Filipinos are the leading shoppers in Southeast Asia, a survey by Nielsen released yesterday showed, as 80 percent of those surveyed said they enjoy shopping.

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Filipinos online among the most upbeat — poll

Published by rudy Date posted on July 18, 2011

FILIPINO online consumers remained among the most optimistic in the world in the second quarter amid a record drop in confidence globally, ranking second behind India in a new Nielsen survey. The confidence index for the Philippines improved five notches to 115 in the first quarter, data from the The Nielsen Co.’s quarterly Global Online…

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TNS survey shows Filipinos above average ‘brand friends’

Published by rudy Date posted on May 18, 2011

social networking sites, Filipinos have more “brand friends” than peers around the world, according to an international market research firm.

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Filipinos avail of more loans for personal, household needs

Published by rudy Date posted on April 10, 2011

MANILA, Philippines – Filipinos availed themselves of more loans to purchase household appliances as well as furniture and fixtures or to pay taxes as well as hospital and educational bills last year to take advantage of low interest rates.

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Strong private consumption expected to drive growth

Published by rudy Date posted on November 2, 2010

STRONG SPENDING during the holidays, driven partly by remittances from overseas Filipino workers (OFW), should help drive economic growth faster than officially projected, economists said yesterday.

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Personal consumption expenses in RP rise to P1.152 trillion in 2009

Published by rudy Date posted on September 11, 2010

MANILA, Philippines – The country’s personal consumption expenditures (PCE), which comprised 80.5 percent of total expenditures, rose slightly in 2009 from the previous year’s level, National Statistical Coordination Board (NSCB) secretary general Romulo Virola said in a report.

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Metro residents’ purchasing pattern returns to normal

Published by rudy Date posted on June 29, 2010

Metro Manila consumption activities are back to normal after being severely hit by the twin typhoons that hit late last year, leading global market intelligence company Synovate Inc. revealed in a study.

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Survey shows Filipinos cut nonessential spending

Published by rudy Date posted on June 16, 2010

Filipinos are still cutting back on spending for non-essential items as the devastation caused by Typhoon Ondoy continues to influence their buying habits, a market research firm said.

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Consumer confidence hits record high

Published by rudy Date posted on June 11, 2010

MANILA, Philippines – The confidence level of Filipino consumers for the next 12 months hit a new record high with the fresh mandate of president-elect Benigno Aquino III and vice president-elect Jejomar Binay, results of a survey conducted by the Bangko Sentral ng Pilipinas (BSP) showed.

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Expiry date of gift checks probed

Published by rudy Date posted on March 16, 2010

If incoming Trade Secretary Jesli Lapus had his way, gift certificates should have no expiry date and airlines should be stopped from implementing a no-refund policy on their promos.

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Rich Filipinos spend more than Asian counterparts: study

Published by rudy Date posted on March 15, 2010

MANILA, Philippines – Wealthy Filipinos spend more than rich Singapore and Hong Kong residents do, especially every month on groceries, travel and utilities payment, a survey by payments technology firm Visa International Inc. revealed.

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Big change in spending habits seen

Published by rudy Date posted on March 8, 2010

Spending pattern in the Philippines is expected to change, once the country breaks the $2,000-per-capita income level, which may come soon.

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Asian consumers lead in optimism — survey

Published by rudy Date posted on January 27, 2010

Consumers across the Asia-Pacific, Middle East and Africa regions are approaching the next six months with optimism, according to the latest MasterCard Worldwide Index of Consumer Confidence survey.

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86% of Pinoys to welcome 2010 with hope – poll

Published by rudy Date posted on December 17, 2009

MANILA, Philippines – Eight out of 10 Filipinos or 86 percent said they will welcome the New Year with hope, the latest Pulse Asia Ulat ng Bayan national survey showed.

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Consumer confidence slumps

Published by rudy Date posted on December 11, 2009

CONSUMER confidence has flagged since October this year, with the sentiment expected to remain subdued well into the first quarter of 2010, according to the Bangko Sentral ng Pilipinas (BSP).

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Consumer spending rebounding in RP, Asia

Published by rudy Date posted on December 10, 2009

MANILA, Philippines–Household spending in overseas remittance-rich Philippines as well as around Asia is rebounding in a big way despite the recent global financial turmoil—and the boom appears sustainable, according to British banking giant HSBC.

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BSP: Consumer outlook up in third quarter

Published by rudy Date posted on September 11, 2009

MANILA, Philippines – Consumers’ outlook on the economy improved in the third quarter of the year on the back of improving global conditions, declining inflation, easing interest rates and a relatively stable peso, results of the Bangko Sentral ng Pilipinas (BSP) Consumer Expectations Survey showed.

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BSP says consumption recovered in 2nd quarter

Published by rudy Date posted on August 1, 2009

CONSUMPTION growth may have improved in the second quarter of this year because of higher school expenses, sustained remittances, and easing worries by businesses, the Bangko Sentral ng Pilipinas (BSP) said.

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Bangko Sentral urges government to end dependence on exports

Published by rudy Date posted on July 2, 2009

MANILA, Philippines – Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. said the Philippines, as well as its Asian neighbors, should look more to their domestic demand and end dependence on exports.

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