PH households still exposed to global risks

May 04, 2023 12:12 am

Consumer spending is still expected to grow by a 'strong' 5.5 percent this year despite Filipino households remaining exposed to global risks, a Fitch Group unit said on Tuesday.

In its latest consumer outlook report, BMI maintained its spending growth forecast for 2023, albeit lower than the 8.7 percent seen last year.

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