Philippine Economy Slows to 2.1% Growth in Q3, Fifth Consecutive Quarter of Slowdown
Economy

Philippine Economy Slows to 2.1% Growth in Q3, Fifth Consecutive Quarter of Slowdown

The Philippine economy grew by only 2.1% in the third quarter of 2026, a slowdown from 2.4% in the previous quarter. This marks the fifth consecutive quarter of economic deceleration, with government spending and domestic demand remaining weak amidst corruption scandal and inflation pressures.

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