Pantheon Macroeconomics
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7th Jul 2022 15:02Emerging Asia, Daily Monitor
Year-over-year sales growth in the Philippines is slowing fast, catching-up with short-term trends...
...And this in spite of the fresh drawdown in savings, underscoring the acute pinch of rising inflation.
Dissaving accelerated in 2021, with the stock ending the year 12% below the pre-Covid trend.
gdp report, q2, sales growth, savings, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence