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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
PhilippinesPhilippines Consumer Confidence climbed to -15.8% in January 2026
FMPMonthlyReleased April 2026
Philippines Consumer Confidence climbed to -15.8% in January 2026, released April 2026, up 6.4% from December's -22.2% reading. The print came in hotter than the -27.0% consensus, a hotter print than forecasters anticipated. The print is running well below the 12-month average of -13.88%.
Latest Release
-15.8
Actual
-27
Consensus
-22.2
Previous
Median Absolute Error
±5.9 percentage points
across last 9 releases
Last Call
Dec 2025
Predicted: -1.4
Actual: -22.2
Error: +20.8
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Confidence (Philippines) was reported at -15.8% in April 2026. This beat the market consensus of -27% by 11.2%. The reading rose from the previous value of -22.2%. Trailing 12-month context per ETL data through December 2025.
WHY IT MATTERS
The trailing three releases averaged -15.33, down from the prior three at -13.23. In December readings over the past 3 years, Consumer Confidence has averaged -17.43.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch). Over the last 9 releases, the Sigmacast model's median absolute error is 5.90.
WHAT TO WATCH NEXT
The next release is scheduled for June 29, 2026. Same-country events in the next 14 days include Interest Rate Decision (Jun 18).
Auto-generated from current model state · Refreshes on each release · Last update December 2025.
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Consumer Confidence - PH
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About Consumer Confidence — Philippines
DEFINITION
Index The Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers regarding the state of the economy. It is based on surveys and data collected from a representative sample of households, and is used by economists and investors to gauge consumer spending patterns and overall economic health. A higher index value indicates a positive outlook, while a lower value suggests a more negative sentiment. This index is a valuable tool for businesses and policymakers in making informed decisions and predicting future economic trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2026): actual -15.8, consensus -27. Prior reading (Oct 2025): -22.2. Before that (Jul 2025): -9.8.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.