Market Report, "Philippines Retail Report Q1 2014", Published
The Philippines retail sector is set to continue to grow over the next few years, with an expanding population, with increasing levels of disposable income, resulting in a strong rise in household spending across all retail subsectors. We are particularly positive about the future growth prospects for health, transport and communications; however, we expect the highest proportion of the household budget to be spent on food & drink throughout our forecast period, with personal care and insurance spending also taking...
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