SURVEY SAYS: 46% OF FILIPINOS BELIEVE PH ECONOMY WILL IMPROVE OVER THE NEXT 6 MONTHS
Image Courtesy of: JobStreet
MANILA — Approximately 46% of Filipino adults express optimism about an improvement in the Philippine economy over the next six months, as revealed in the most recent OCTA Research survey released on Monday.
Conducted independently and without any commissioned influence, the “Tugon ng Masa” (TNM) National Survey by OCTA Research was carried out from July 22 to 26, indicating that slightly less than half of Filipino adults maintain a positive outlook for the future.
This figure represents a 4% decrease compared to the 50% recorded in the survey conducted in the first quarter of March 2023.
While roughly 46% of adult Filipinos anticipate an economic improvement, the survey also highlights that 43% believe the economy will remain stable, and 6% fear it may deteriorate.
OCTA’s most recent survey further reveals that the percentage of adult Filipinos who foresee a better Philippine economy in the next six months varies from 31% to 54% across different major regions. The highest level of optimism was recorded in Balance Luzon (54%), while the lowest was found in Visayas (31%).
Conversely, the percentage of adult Filipinos who anticipate a worsening economy over the next six months ranges from 2% to 11%. The highest percentage of pessimism is observed in Visayas (11%), while the lowest is in Balance Luzon (2%).
In addition, the poll indicates that 55% of adult Filipinos believe their quality of life will improve in the coming six months, 36% expect it to remain the same, and 4% anticipate a decline. (ai/mnm)