Personal Services

The industry witnessed a healthy rate of expansion in 2018, as a result of stronger private consumption. Historically low unemployment, rising wages and record high remittances from foreign-working Mexicans were the main contributors to improving ...

Higher Indonesian household consumption was the main driver for the industry’s growth in 2018. This was influenced by the strong performance of Indonesia’s economy, which was stimulated by higher prices of key raw materials such as oil and coal, as ...

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India’s per capita gross income continuously rose during 2017, which enhanced Indian consumers’ spending power. An increase in private consumption was triggered by positive economic developments, such as a record-low unemployment rate, higher public ...

Brazilian households continued to face financial hurdles, and limited their expenditure on personal services in 2018. This was the case as the domestic economy continuously struggled to recover from the severe 2015-2016 recession, which led to high ...

The reviewed industry began to recover in 2017, as the Spanish economy witnessed strong expansion. During the year Spain registered higher capital investments and exports, as well as an improved labour market situation. The country’s unemployment ...

The analysed industry returned to growth in 2017, due to economic recovery in Russia, which stimulated domestic services spending. Prior to 2017 Russia endured a 2-year economic recession, caused by slumping prices of oil (the country’s largest ...

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