Philippines Consumer Outlook: Steady Growth In Spending As Inflation Continues To Ease
Consumer & Retail / Philippines / Wed 08 May, 2024
Key view: We have a positive outlook for consumer spending in the Philippines in 2024. Easing inflationary pressures, a slightly favourable labour market and lower interest rates form the base for consumer spending growth. The key risks to this outlook include prolonged inflation; decrease in remittances, which fluctuate as a result of external