What is the primary reason domestic consumption remains strong in the Philippines despite high inflation?
Domestic Consumption in Philippines Remains Robust, Says Coface's Casanova

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Increased foreign investments
High export rates
Government subsidies
Negative real interest rates and remittances
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are remittances considered a double-edged sword for the Philippine economy?
They reduce domestic savings
They lead to currency appreciation
They increase inflation
They have both positive and negative impacts
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the reasons for the weaker performance of FDI in the Philippines?
Governance issues
High inflation rates
Strong domestic consumption
Increased remittances
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the central bank's likely course of action if inflation remains above target?
Lower interest rates
Hike interest rates
Increase government spending
Maintain current interest rates
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might a lower peso benefit remittances?
By reducing inflation
By increasing their value in local currency
By stabilizing the economy
By attracting more foreign investments
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