Household spending is expected to grow at a compounded annual growth rate of 6.4 percent between 2016 and 2020, according to the Business Monitor International (BMI) report released this week. Total household spending is expected to increase from $27 billion this year to $35 billion by 2020. Average spending per capita will rise from $4,594 to $5,998 in 2020.
The report stated that the election of a new president has spurred optimistic hopes regarding the country's economic activity for t...
Article details
No comments:
Post a Comment