According to a recent Synergy-YouGov study, over 7 in 10 Filipinos are planning to make cutbacks in their household spending in the next 12 months.
The possible reasons why a great majority intend to cut back on household spending could be from any of the following factors: the high inflation and increasing price of commodities, the intent to save (instead of spend), or the possible lack of confidence of future situations still could be contributing to this decision.
Are any of the reasons mentioned above reflect your situation?
Discover how our syndicated solutions can benefit your business during these uncertain times!
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