Philippines: GDP growth slows in Q3

GDP expanded 7.0% in Q3 over the same period last year. The reading came in below the revised 7.6% rise observed in Q2 (previously reported: +7.5% year-on-year) and fell just short of market expectations of a 7.1% expansion. Q3 economic performance was mainly underpinned by a rise in private consumption and a recovery in exports.

Read more about Filipino GDP.

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