Excerpt:
The results of the BSP’s second-quarter consumer expectations survey (CES) showed that the percentage of households with savings rose to 35.8 percent during the April to June period compared with 34.9 percent in the first quarter.
“According to respondents, they save money for the following reasons: Emergencies, education, retirement, health and hospitalization, business capital and investment, and purchase of real estate,” the BSP said in a report.
Original Article and Credits:
BSP: More Filipinos saving for the rainy day
Philippine Daily Inquirer / 12:28 AM June 12, 2017
Read more: http://business.inquirer.net/231213/bsp-filipinos-saving-rainy-day#ixzz4k1XGyjXV
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