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BusinessWorld E-paper

April 18, 2024

PHILIPPINE domestic demand could ease this year as remittance inflows are muted by reduced overseas hiring, Pantheon Macroeconomics said.

“Domestic demand in the Philippines is continuing to struggle, reflecting in large part the oppressive headwinds facing consumers,” Pantheon Macroeconomics Chief Emerging Asia Economist Miguel Chanco and Senior Asia Economist Moorthy Krshnan said in a report.

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