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Philippine GDP Growth Accelerates In Q3

Por: RTTNews Business November 09, 2023

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The Philippine grew at a faster pace in the third quarter driven by consumption and exports, the Philippine Statistics Authority said Wednesday. Gross domestic product posted an annual growth of 5.9 percent, faster than the 4.3 percent expansion seen in the second quarter. The rate was forecast to improve moderately to 4.7 percent. The economy rebounded 3.3 percent on a quarterly basis after shrinking 0.7 percent in the second quarter. The rate... + full article



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