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https://isimarkets.com/wp-content/uploads/E688AAE5B18F2025-12-092009.39.17.png19381022菲律宾或许正深陷一场冲击经济增长的腐败丑闻，但在头条新闻背后，菲律宾民众的购买力正大幅提升 —— 这对经济而言可能是长期看涨的信号。本图绘制了过去十年经通胀调整后的工资增长图表。早在疫情爆发及后续全球通胀飙升之前，工资就已进入长期停滞状态。但截至今年年初，无论是工业领域还是服务业，实际工资均已开始上涨。点击这里通过CEIC数据平台查看图表居民收入的改善体现在本文第二张图表中——以下图表展示了菲律宾 GDP 的各项构成对经济增长的贡献。尽管制造业相关投资疲软拖累了固定资本形成总额，但消费已扛起大梁，支撑经济保持正增长