Business confidence · Philippines
Philippines Business Confidence
The Philippines Business Confidence asks companies in the Philippines how they judge current business conditions and what they expect for the coming months.
- Importancia
- Medium
- Publicado
- Monthly
- Divisa
- PHP · Philippine peso
- Banco central
- Bangko Sentral ng Pilipinas
Últimas cifras
El último dato, de AUG, se publicó el 2026-09-25 y fue -10.9. Es más que -20.3 la vez anterior.
En las últimas 10 publicaciones osciló entre -35.8 y 31.2, con una media de -0.4.
| Publicado | Para | Real | Consenso | Anterior |
|---|---|---|---|---|
| 25 Sep 2026 | AUG | -10.9 | – | -20.3 |
| 4 Sep 2026 | JUL | -20.3 | – | 0.0 |
| 31 Jul 2026 | JUN | 0.0 | – | -25.2 |
| 26 Jun 2026 | MAY | -25.2 | – | -35.8 |
| 29 May 2026 | APR | -35.8 | – | -24.3 |
| 27 Apr 2026 | MAR | -24.3 | – | 8.2 |
| 19 Dec 2025 | Q4 | 29.7 | – | 23.2 |
| 26 Sep 2025 | Q3 | 23.2 | – | 28.8 |
| 1 Jul 2025 | Q2 | 28.8 | – | 31.2 |
| 11 Apr 2025 | Q1 | 31.2 | – | 44.5 |
Por qué importa
Confidence leads hiring and investment decisions, so these surveys often turn before the hard data. Germany's Ifo and ZEW, and Japan's Tankan, are among the most market-moving releases for the euro and the yen.
Cómo se calcula
Survey answers (better/same/worse) are turned into a balance (positive minus negative answers) or an index around a long-run average of 100; the release separates current conditions from expectations.
Qué significan los cambios
- The expectations component turns first; watch its direction over several months.
- A gap between strong current conditions and weak expectations often marks a peak.
Mayor de lo esperado: A stronger figure than expected points to a healthier economy: it usually supports the Philippine peso and local stocks, and can push bond yields up.
Menor de lo esperado: A weaker figure than expected points to slowing activity: the Philippine peso tends to soften and markets price in lower rates.
Una breve historia
Business tendency surveys began in Germany (Ifo) and other European countries after the Second World War; the Bank of Japan's Tankan has been run for decades, and the ZEW financial-expert survey since 1991.
Preguntas
What is the Philippines Business Confidence?
The Philippines Business Confidence asks companies in the Philippines how they judge current business conditions and what they expect for the coming months.
What was the latest Philippines Business Confidence?
-10.9 for AUG, published on 25 September 2026.
Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.