Household spending to exceed pre-Covid level

By Philippine News Agency

Aug 13, 2023 12:14 am

FITCH Solutions unit BMI has projected that the Philippines' household spending this year will exceed the pre-pandemic level.

In its commentary on consumer and retail released on Thursday, BMI said real household spending this year is projected at P12 trillion, higher than the P10.9-trillion expenditure in 2019.

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