Despite seeing decelerated growth in household
spending in 2018, NCR remained the highest spending region on household
consumer goods and services with expenditure totalling P1.432 trillion in 2018.
* The average monthly and annual income in an urban household
stands at 907 US$ and 10,886 US$, respectively.
14.3% of households
can not afford to buy and maintain a car for financial reasons, and 34% said they did not need a light car.
How will Europe maintain its lead in the global household
air care products market?
The second way to improve household
cash flow is to maximize income.
'For example, a household
in Kelantan that earned just above RM5,870 is considered to be in the top 20 per cent of households
of that state.
With these revisions in place, for the 2018 survey, there is a mix of households
who responded using the old household
accounts and those who responded by using the new household
The focus of the report was to look at why some households
escape poverty - and stay out of it - while others escape poverty only to fall back into it, and why some descend into poverty for the first time.
"Poverty increases with increase in household
size," says the Basic Report on Well-being in Kenya.
"There are a lot of meaningfully sized channels of household
products," said TABS chief executive officer Kurt Jetta "Retailers seem to understand that these categories are strategically important because of their high penetration, repeat purchase rate and transaction size.
This means that the increase of household
credit had more to do it with the prices of real estate, as the index measuring the relations between household
debt and economic growth stood at 0.53 over the last eight years.
Compared with 30 years ago, low-income households
are applying a greater share of their spending to basic needs.