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Consumers less gloomy; business sentiment rises

CONSUMER sentiment remained negative, but less so, while business optimism improved in the fourth quarter, the Bangko Sentral ng Pilipinas (BSP) said on Friday.

Results of the central bank’s latest consumer and business expectations survey placed the consumer confidence index (CI) at -11.1 percent for October-December, improving from -15.6 percent three months earlier.

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