Household spending seen slowing

By Janine Alexis Miguel

Mar 22, 2024 12:36 am

HOUSEHOLD spending is expected to slow down this year, partly due to the fluctuating unemployment rate, according to marketing data and analytics company Kantar.

The 2024 fast-moving consumer goods (FMCG) spending growth is forecasted at 0.4 percent, slower than the 6 percent growth posted last year.

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