SWS: Fewer Pinoys hopeful of improving quality of life.
By Ellalyn De Vera-Ruiz
Fewer Filipinos are hopeful that their quality of life will improve in the year ahead, but still "excellent" despite the decline, according to the first quarter of 2018 Social Weather Stations (SWS) survey results.
In the nationwide survey conducted from March 23 to 27 with 1,200 respondents, 46 percent of adult Filipinos were expecting their personal quality of life to improve in the next 12 months and 6 percent were expecting it to get worse.
These translate to a net personal optimism score of +40, classified by SWS as "excellent."
SWS noted that the latest net personal optimism is six points below the record-high "excellent" +46 (49 percent optimistic, 3 percent not optimistic) in December 2017, and similar to the excellent +40 in June 2017.
It has been excellent at +40 and above since December 2015, except in March 2017 when it was a very high +36.
The six-point decline in net personal optimism was due to declines in Metro Manila, rest of Luzon, and Visayas, combined with a steady score in Mindanao, from December 2017 to March 2018.
Net personal optimism stayed at excellent +50 in Mindanao from December 2017 to March 2018.
It also stayed excellent in the rest of Luzon, although down by five points from +45 in December 2017 to +40 in March 2018.
However, it fell by one grade from excellent to very high in Metro Manila, down by 12 points from +49 in December 2017 to +37 in March 2018.
It stayed very high in the Visayas, although down by eight points from September to December.
The survey also found 42 percent optimistic that the Philippine economy next year would get better, and 12 percent feeling it would deteriorate, translating to a net optimism about the economy score of +31 (percentage of optimistic about the economy minus percentage of not optimistic about it), classified as excellent.
This is 11 points below the excellent +42 (52 percent optimistic, 9 percent not optimistic about the economy) in the last quarter of 2017.
SWS pointed put that net optimism about the economy has been excellent at +20 and above since December 2015, reaching as high as +56 in June 2016.
On the change in the personal quality of life compared to 12 months ago, the March 2018 survey found that 41 percent said their lives improved, and 21 percent said their lives worsened, which is equivalent to a score of +20, classified as excellent.
It is three points below the record-high excellent +23 (41 percent whose lives improved, 18 percent whose lives worsened) December 2017. It was very high (+10 to +19) from September 2016 to September 2017.