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Retail sector expected to rebound

DEPARTMENT of Trade and Industry (DTI) Secretary Alfredo Pascual said the agency remains optimistic about retail trade's future growth despite current economic headwinds.

Speaking at the Philippine Retailers Association Q2 2022 General Membership Meeting via Zoom, he expects that the sector will bounce back for the rest of the year.

Visitors browse items at a stall during the Trendsetters Bazaar held on May 1, 2022 at the SMX Convention Center in Pasay City. The Department of Trade and Industry is optimistic the retail sector will rebound from the Covid-19 pandemic. PHOTO BY AARON RONQUILLO