Latest News:  
Beijing   Sunny    1 / -8   City Forecast

People's Daily Online>>World

Philippine consumer sentiment weakens in Q4 (2)


20:05, December 15, 2011

"More households expected their expenditures on basic goods and services to increase in the first quarter next year," she said.

According to Amador, this was because most consumers felt that prices were to move up in the coming months and concluded it was best to spend what they can afford before the price increases happen.

There were those who fear that inflation, averaging only 5.3 percent at end-October, would climb as high as nine percent, Amador said.

Consumers also anticipate better employment conditions down the line and this helped boost plans to make future purchases, she added.

In summary, Amador said consumer perception about family finances and family income weakened although the economy was seen to improve down the line.

Sentiment across all income groups turned less optimistic, particularly the high-income group whose optimism dipped the most, Amador said.

【1】 【2】

We Recommend


Related Reading

Leave your comment1 comments

  1. Name

wende at 2011-12-1671.251.41.*
It is not safe for Chinese tourists to travel to the Philippines because of what happened to HK tourists who died and without sympathy from the Philippine president. He gave a cold snicker when he faced a grave diplomatic situation. Also, China should not go ahead with any commercial dealing with the Philippines until after settlement with the South China Sea issue. Who would be encouraged to befriend China when China"s friends and foes are treated equally?

Selections for you

  1. Chocolate fashion show held in Shanghai

  2. Pingjiang Street in Suzhou

  3. 2011 colours: Warmth of orange

  4. 2011 colours: Memories of red

Most Popular


  1. Dubai chasing Singapore's strictness with violations
  2. Too early to loosen China's property controls
  3. Do not let disputes taint Sino-Korean ties
  4. The natural way to pick your stocks
  5. China must retain its strengths as it goes global
  6. Canada's short-sighted move should be denounced
  7. Developed world should fulfill emission promise
  8. New ways needed for environment, economic crises
  9. Structural optimization vital to Chinese economy
  10. Canada withdrawal foretells chaotic future

What's happening in China

Crazy English couple go to court

  1. Emissions key culprit for smog
  2. European-style project to ban spoken Chinese
  3. Heavy blizzard strands passengers in Xinjiang
  4. Tobacco scientist uproar flares
  5. Doctor takes emergency practice online

PD Online Data

  1. Yangge in Shaanxi
  2. Gaoqiao in Northern China
  3. The drum dance in Ansai
  4. Shehuo in Baoji City
  5. The dragon dance