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PH food, beverage sales seen rising 6%

REVENUES of the Philippines' food and beverage industry are expected to grow by six percent this year to $35 billion due to an improved labor situation, the United States Department of Agriculture (USDA) said.

In a report, the USDA-Foreign Agricultural Service in Manila (FAS Manila) forecast that domestic sales of food and beverage industry for 2023 would rise to $35 billion from last year's $33 billion.