Retailers see improving business as inflation slows

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A local trade association of retailers sees improving business for the rest of the year due to easing inflation. | AldenMonzonINQ /PDI

Ong said they expect this growth to be driven by gains in the food and beverages sector, as well as in the home improvement segment.

She added that “revenge travel” continues to be a trend this year, which they expect to further drive spending and consumption, boding well for the retail sector.

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