Philippine GDP Growth Likely Slowed to 2.5% in Q2 Due to Inflation Risks, UA&P Says
Philippine economic growth likely slowed to 2.5% year-on-year in the second quarter due to inflation risks, unfavorable weather, and renewed Middle East tensions, according to the University of Asia and the Pacific (UA&P). This forecast is lower than the first quarter's 2.8% growth, potentially marking the weakest pace in five years.
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