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By: An Hodgson

Global consumer expenditure growth is expected to accelerate from 2.2% in 2015 to 2.9% year-on-year in real terms in 2016, with education and health goods and medical services set to be the fastest-growing consumer spending categories. Of all the regions, consumer expenditure growth will be strongest in Asia Pacific (4.6% year-on-year) and Africa and the Middle East (4.3% year-on-year) on the back of economic recovery and population growth.

Asia-pacific-to-lead-2016-global-consumer-expenditure-growth

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