MANILA: More Filipinos are optimistic about the economy in
the coming year but the number of those who expect their lives to get better in
the next 12 months has declined, the latest Social Weather Stations (SWS)
survey showed.
In the survey, 31% of respondents said the economy would
improve in the next 12 months, while 14% said it would get worse, resulting in
a “very high” net score of plus 17.
The net score marked an improvement from May’s figure of a
“high” plus 8 (285 optimistic minus 20% pessimistic).
According to SWS, seven of the last 10 surveys showed a
“very high” net economic optimism.
The survey involving face-to-face interviews with 1,200 adult respondents nationwide was
conducted from Aug 24 to 27. It also
asked the respondents how their personal living conditions go in the next 12
months.
SWS found 34% saying they expected positive changes
in the quality of their life while 7% said otherwise, for a “high” net
score of plus 27%, down from “very high”
plus 30% (38%optimistic minus 8% pessimistic) in May.
Asked about the quality of their life over the past 12
months, 21% said it had improved (gainers) while 28% said it had worsened, for
a net score (gainers minus losers) of
minus 8 percentage points, slightly better than the previous figure
of minus 9%.
Net personal optimism dropped from plus 39 to plus 30 in Luzon areas outside the
metropolis, from plus 37 to plus 36 in
Metro Manila and from plus 18 to plus 17
in the Visayas. It only increased in Mindanao from plus 20 to plus 22.
By socioeconomic class, personal optimism decreased in
Classes ABC (from plus 34 to plus 32), Class D (from plus 32 to plus 28) and
Class E (from plus 24 to plus 20).
On the other hand, net economic optimism rose in all
socioeconomic classes and across all areas in the country.
Net economic optimism increased from plus 14 to plus 23 in
Luzon areas outside Metro Manila, from plus 11
to plus 20 in Metro Manila, from minus 3 to plus 10 in Visayas and from
plus 7 to plus 11 in Mindanao.
By socioeconomic group, net economic optimism jumped 28
points from 0 in Classes ABC.
It also
improved in Class D from plus 11 to plus 18 and in Class E from plus 3 to plus
11. -- ANA ROA, Inquirer Research
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