Philippines Retail Report Q2 2014 - New Study Released
An expanding population with increasing levels of disposable income should result in a strong rise in household spending across all retail subsectors in the Philippines over the next few years. We are particularly positive about the future growth prospects for health and transport; however, we expect the highest proportion of the household budget to be spent on food & drink throughout our forecast period, with personal, insurance & other spending also taking a substantial share.
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