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Quarterly growth change of fast-moving consumers goods (FMCG) in the Philippines from 1st quarter 2019 to 1st quarter 2021

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Source

Release date

May 2021

Region

Philippines

Survey time period

Q1 2019 to Q1 2021

Supplementary notes

The values were quarterly data compared to a year ago.

Citation formats

Growth rate FMCG Philippines Q1 2019-Q1 2021

Published by ÌÇÐÄÆƽâ°æ Research Department, May 31, 2021
The in-home spending on fast-moving consumer goods (FMCG) in the Philippines continued to decline in the past two years. In the first quarter of 2021, the FMCG sector contracted by percent compared to the same quarter of the previous year. While this was lower than the contraction recorded at the height of the COVID-19 pandemic during the second quarter of 2020, this is a notable decline from the growth rate at the end of that year.
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