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vehicle segment expanded by 13.0% and 12.9% yoy respectively with growth stemming from the increase in consumer confidence from the improvement in both farm income and non-farm income. In the equity market
across broader range of businesses and wider geographical areas. Meanwhile, consumer loans expanded in all purposes, particularly auto loans. However, commercial banks remained cautious in lending as their
. 3) Gradual expansion of private consumption as consumer confidence continues to improve and 4) Other supporting factors, namely public and private investments and proposed stimulus schemes, such as
private consumption in almost every product category, in-line with the improving consumer confidence indicator, with the exception of some agricultural products whose prices remained at low levels, and last
% United Arab Emirates 5.00% Indonesia 4.50% United States 4.00% Malaysia 3.00% Panama 2.50% Thailand 2.00% United Kingdom 2.00% Financial 39.50% Real Estate 26.00% Government 8.00% Consumer, Cyclical 6.50
measures implemented to curb the outbreak. Durable goods segment also declined from the contractions in vehicle sales in line with the weakened household income from lower income, employment and consumer