PHL prices still high, household spending to remain subdued, ANZ Research says
ELEVATED PRICES will continue to dampen household spending in the Philippines, ANZ Research said. “In the Philippines, high food prices and rebuilding of savings have constrained household discretionary spend. We do not foresee a meaningful turnaround until food prices ease and savings are rebuilt to pre-COVID levels,” it said in a report. Food inflation eased […]
T. Kauer 
ELEVATED PRICES will continue to dampen household spending in the Philippines, ANZ Research said. “In the Philippines, high food prices and rebuilding of savings have constrained household discretionary spend. We do not foresee a meaningful turnaround until food prices ease and savings are rebuilt to pre-COVID levels,” it said in a report. Food inflation eased […]
