Tag page - spending momentum index (SMI)

Philippine consumer spending recorded the sharpest deterioration among emerging Asian economies in the second quarter of 2026, as elevated inflation continued to erode households’ purchasing power despite a surge in fuel spending, according to global financial giant Visa. In a report on Friday,...

Philippine consumer spending momentum remained weak in the first quarter of 2026, although conditions showed signs of stabilizing in March after two straight months of contraction just before the war in the Middle East erupted, according to global financial giant Visa. An April 28 Visa Business and...

Downward interest rates and sustained economic growth, supported by election-related spending, boosted a still weak private consumption in the Philippines in the second quarter of 2025, according to global financial giant Visa. According to Visa Business and Economic Insights’ Asia-Pacific...