The stocks of goods held by firms in Philippines decreased by 27208.58 PHP Million in the second quarter of 2019. Changes in Inventories in Philippines averaged -1143.38 PHP Million from 1998 until 2019, reaching an all time high of 92123.96 PHP Million in the fourth quarter of 2010 and a record low of -83619.51 PHP Million in the first quarter of 2012.
Changes in Inventories in Philippines is expected to be -6800.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Changes in Inventories in Philippines to stand at 15700.00 in 12 months time. In the long-term, the Philippines Changes in Inventories is projected to trend around 19300.00 PHP Million in 2020, according to our econometric models.