AMRO Maintains Philippines Growth Outlook, Cuts Inflation Forecast
Economy

AMRO Maintains Philippines Growth Outlook, Cuts Inflation Forecast

The ASEAN+3 Macroeconomic Research Office (AMRO) maintained its GDP growth forecasts for the Philippines at 4.1 percent for this year and 5.5 percent for next year, while lowering its inflation outlook for the country. The AI boom and supply chain adjustments are seen as supportive of growth, while the El Niño phenomenon and Middle East tensions are identified as key risks.

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