THE Philippine Statistics Authority (PSA), in collaboration with the Bangko Sentral ng Pilipinas (BSP), will conduct the January 2022 Consumer Expectations Survey (CES) enumeration from March 21 to 31.

PSA information officer Jim Ian Bautista said it will be undertaken in 56 provinces representing all regions except the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).

“In Ilocos Region, this will be carried out in Ilocos Norte, La Union, and Pangasinan,” Bautista said.

He said, “The CES is a household-based survey on consumers’ assessment of their family income, financial situation, and the economic condition of the country. It is a complementary survey to the Business Expectations Survey (BES) of the BSP.”

 

“The PSA will do the data collection  while the BSP will generate the tables and do the analysis of the results,” he added.

He explained that the survey aims to provide a quick and regular assessment  of the financial condition of consumers and economic condition  of the country at present and in the near future, from the consumers’ own viewpoints; and generate forecasts in the direction of the country’s economic activity based on consumers’ outlook in the current quarter, next quarter and the next 12 months. (PIA Pangasinan/AMMB)

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