More than 40% of adult Filipinos expect the Philippine economy to recover in the next 12 months, according to a Social Weather Stations (SWS) poll conducted in April. READ:
PHILIPPINE STAR/ MICHAEL VARCAS
The local pollster said 28% believed that the Philippine economy will stay the same, while 6% said it will worsen.SWS said the economic optimism score used to be “mediocre” -9 in July 2020 and mediocre -5 in September 2020. ItThe survey, in which 1,440 adults were interviewed, was conducted before the Philippines held a presidential election on May 9.
“The 4-point decline in the national Net Economic Optimism score from December 2021 to April 2022 is due to slight decreases in all areas except in the Visayas,” it said.
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