Fitch Solutions affirmed its earlier view that household spending growth could slow this year due to inflationary pressures. READ:
PHILIPPINE STAR/ MICHAEL VARCAS
It maintained its forecast for household spending, which it expects to grow by 5.5% this year, with growth in the 2024-2027 period expected to average 5.1%. The Bangko Sentral ng Pilipinas expects headline inflation to have settled within the 7.5% to 8.3% range in January.
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