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100,861 results for “Household consumption Philippines”

  1. WHILE many economies built their growth models on exports and industrial production, the Philippines relied on households. Income sources may vary — OFW remittances, BPO workers' salaries, domestic wages, but ultimate, they all go to the same destination —consumer spending, with Filipino housewives spending the largest portion of their household budgets on food and other grocery items.

    Buy, buy, buy: Why consumption remains king

    Consumption has long been the driver of Philippine economic growth, accounting for roughly three-fourths of gross domestic product for decades and ranking…

    Toby Magsaysay·

  2. BPI senior vice president and chief economist Emilio S. Neri Jr. said last year’s fourth-quarter figure was largely supported by consumption. He noted that if the country had stronger alternative growth drivers, such as agriculture or manufacturing, the slowdown in infrastructure investment could have been offset further.

    Phl growth too reliant on consumption — BPI

    ‘The country cannot remain overly reliant on a narrow set of growth drivers such as consumption and government spending. Even if public expenditure normalizes…

    Toby Magsaysay·