Income and Expenditure

Change in Spending Pattern Among Filipino Families Seen in 2006 (Preliminary Results from the 2006 Family Income and Expenditure Survey)

The total annual family income in 2006 was estimated at P 2.99 trillion indicating an increase of 22.7 percent over the 2003 estimate of P2.44 trillion. The total family expenditure was approximately P2.56 trillion, an increase of 25.7 percent over the 2003 estimate of P2.04 trillion (Table 1).

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