According to a survey on personal finance conducted during the fourth quarter of 2023 in the Philippines, 51 percent of respondents stated that they had to cut back on discretionary spending in the previous three months. In contrast, 14 percent of respondents said they added subscriptions or memberships to their budget.
Changes to household spending in the last three months in the Philippines as of 4th quarter 2023
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TransUnion. (November 22, 2023). Changes to household spending in the last three months in the Philippines as of 4th quarter 2023 [Graph]. In Statista. Retrieved May 07, 2024, from https://www.statista.com/statistics/1271725/philippines-changes-to-household-spending-in-the-last-three-months/
TransUnion. "Changes to household spending in the last three months in the Philippines as of 4th quarter 2023." Chart. November 22, 2023. Statista. Accessed May 07, 2024. https://www.statista.com/statistics/1271725/philippines-changes-to-household-spending-in-the-last-three-months/
TransUnion. (2023). Changes to household spending in the last three months in the Philippines as of 4th quarter 2023. Statista. Statista Inc.. Accessed: May 07, 2024. https://www.statista.com/statistics/1271725/philippines-changes-to-household-spending-in-the-last-three-months/
TransUnion. "Changes to Household Spending in The Last Three Months in The Philippines as of 4th Quarter 2023." Statista, Statista Inc., 22 Nov 2023, https://www.statista.com/statistics/1271725/philippines-changes-to-household-spending-in-the-last-three-months/
TransUnion, Changes to household spending in the last three months in the Philippines as of 4th quarter 2023 Statista, https://www.statista.com/statistics/1271725/philippines-changes-to-household-spending-in-the-last-three-months/ (last visited May 07, 2024)
Changes to household spending in the last three months in the Philippines as of 4th quarter 2023 [Graph], TransUnion, November 22, 2023. [Online]. Available: https://www.statista.com/statistics/1271725/philippines-changes-to-household-spending-in-the-last-three-months/