With high inflation affecting the spending power of Filipinos, optimism on the economy is down, the latest Social Weather Survey (SWS) showed. The SWS explained that 31 percent of respondents were optimistic that the Philippine economy next year would get better, and 20 percent feel it would deteriorate, for a Net Economic Optimists score of +11. The survey was conducted from September 15 to 23, 2018 using face-to-face interviews of 1,500 respondents, 18 years old and above, nationwide. SWS said Net Economic Optimists refers to expectations about the general Philippine economy and is different from Net Personal Optimism, which refers to expectations in personal quality of life. /eeREAD: SWS: More Filipinos believe quality of life worsenedRead Next

Source: Philippine Daily Inquirer October 03, 2018 09:40 UTC