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RETAIL RECOVERY. Philippine Retailers Association (PRA) president Rosemarie Ong delivers her opening remarks during the 28th National Retail Conference and Stores Asia Expo 2022 at the SMX Convention Center in Pasay City on Thursday (Aug. 11, 2022). The PRA is optimistic the retail sector's recovery will continue despite the rising inflation. (PNA photo by Joey O. Razon) MANILA - The Philippine Retailers Association (PRA) remains optimistic with the retail sector's growth trajectory despite the rising inflation rate. During the 28th National Retail Conference and Stores Asia Expo 2022 in Pasay City Thursday, PRA president Rosemarie Ong said the sector is getting back from the setbacks of the pandemic and is "showing dynamic growth recovery" amid challenges, such as inflation and supply bottlenecks. Inflation rate in July was 6.4 percent, higher than the 6.1 percent in June. The rising inflation also tamed the country's gross domestic product (GDP) growth in the se

Pasay cityTom oliverStores asia expoTom oliver groupNational retail conferencePhilippine retailers associationPasay city thursdayRosemarie ongRetail recovery philippine retailers association pra president rosemarie ong delivers her opening remarks during the 28th national conference and stores asia expo 2022 at smx convention center in pasay city on thursday aug 11022 the pra is optimistic retail sector 39s recovery will continue despite rising inflation pna photo by joeyo razon manila philippine retailers association remains with growth trajectory rate during 28th national conference and stores asia expo 2022 in pasay city thursdayRa president rosemarie ong said the sector is getting back from setbacks of pandemic and quot showing dynamic growth recovery amid challengesUch as inflation and supply bottlenecks rate in july was 6 4 percentIgher than the 6 1 percent in june rising inflation also tamed country 39s gross domestic product gdp growth second quarter of year at 7 4Ower than the 8 2 percent in first quarter quoti think it will continue given that there is inflationBecause reallyE saw the excitement of people as we go back outside but course