Pantheon Macroeconomics

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7th Oct 2022 16:13Emerging Asia, Daily Monitor, Weekly Monitor

  • Sales growth in the Philippines hit a four-month high in August, and marginal trends are stabilising...
  • ...But the upswing in momentum is built on the back of a costly and unsustainable surge in borrowing.
  • The Covid-era savings hole remains the underlying issue; long-run spending intentions are now ebbing.

sales growth savings

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Keywords for: 10 Oct 2022 Emerging Asia Monitor

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