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Economy slows down to 6% in second quarter of 2018

As consumers grappled with rising prices, economic growth slowed down to six percent in the second quarter of the year from figures recorded in the previous quarter and in the same period last year......»»

Category: newsSource: philstar philstarAug 10th, 2018

Gross domestic product quarterly performance (Q3 2018)

THE PHILIPPINE ECONOMY grew at its slowest pace in three years last quarter, weighed down by tempered household spending amid high inflation and farm contraction, the Philippine Statistics Authority (PSA) said on Thursday. Read the full story......»»

Category: financeSource:  bworldonlineRelated NewsNov 8th, 2018

Economy grows at slower 6.1% pace in third quarter of 2018

The economy continued its growth streak of at least six percent for the 14th consecutive quarter but failed to keep up with market expectations, growing by 6.1 percent in the third quarter this year......»»

Category: financeSource:  philstarRelated NewsNov 8th, 2018

DoF sees 6.5% GDP growth in Q3 

GOVERNMENT spending and manufacturing growth likely supported the Philippine economy to rise by 6.5 percent in the third quarter of 2018, the Department of Finance (DoF) said on Wednesday. “We...READ MORE The post DoF sees 6.5% GDP growth in Q3  appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsNov 7th, 2018

‘PH economy likely grew in Q3 on investments, exports’

ROBUST private and public spending, as well as increased exports, likely caused the Philippine economy to rise by more than 6 percent in the third quarter of 2018, First Metro...READ MORE The post ‘PH economy likely grew in Q3 on investments, exports’ appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 30th, 2018

Philippines cuts 2018 GDP growth goal, raises inflation targets

MANILA — The Philippine government has shaved its economic growth target for this year and raised inflation forecasts for 2018 and 2019, reflecting caution as soaring consumer prices curb expansion in one of Asia’s fastest growing economies. The economy grew 6.0 percent in the second quarter, the slowest in almost three years, raising the challenge […] The post Philippines cuts 2018 GDP growth goal, raises inflation targets appeared first on Interaksyon......»»

Category: newsSource:  interaksyonRelated NewsOct 16th, 2018

Consumer Spending Outlook for Q4 Improves

Filipino consumers’ spending outlook on basic goods for the fourth quarter of 2018 has notably improved and this is expected to bring windfall benefits to the domestic economy. Results of the Bangko Sentral ng Pilipinas’ (BSP) Consumer Expectation Survey (CES), conducted from July 1-14, 2018, showed that index on spending outlook rose to 45.7 percent […].....»»

Category: newsSource:  metrocebuRelated NewsSep 10th, 2018

Consumers turn gloomy over Philippine economy in Q3 2018

MANILA, Philippines – Consumer confidence on the economy dipped to negative territory at -7.1% during the 3rd quarter, as prices of goods shot up in 2018. The latest Consumer Expectation Report by the Bangko Sentral ng Pilipinas (BSP) revealed the confidence index (CI) dived to ........»»

Category: newsSource:  rapplerRelated NewsSep 8th, 2018

Stronger Investments to Boost Economic Growth: DOF Exec

An official of the Department of Finance (DOF) said Monday he believes that the domestic economy could regain its footing after a growth slowdown in the second quarter of 2018 with the help of stronger investments, both by the public and private sectors. Finance Undersecretary Gil Beltran said there remains a silver lining because of […].....»»

Category: newsSource:  metrocebuRelated NewsAug 16th, 2018

ING Bank cuts Phl GDP growth forecast

Dutch financial giant ING Bank is painting a gloomier picture of the Philippine economy, slashing its 2018 growth forecast to 6.3 percent from the original forecast of 6.8 percent after a slower-than-expected expansion in the second quarter......»»

Category: financeSource:  philstarRelated NewsAug 12th, 2018

PH Economy Falls Down to 6.0% in Q2

The economy expanded by 6 percent in the second quarter of 2018, making the Philippines still one of the best-performing economies in Asia. In a press conference on the release of economic data Thursday, Socioeconomic Planning Secretary Ernesto Pernia said the April to June growth rate is “less than what we had hoped for” behind […].....»»

Category: newsSource:  metrocebuRelated NewsAug 10th, 2018

Gross domestic product quarterly performance (Q2 2018)

THE Philippine economy grew to its slowest pace in three years in the second quarter, leading some analysts to downgrade their forecasts despite the country remaining as one of Asia’s fastest-growing economies. Read the full story. The post Gross domestic product quarterly performance (Q2 2018) appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsAug 9th, 2018

Philippine economy disappoints, eases to 3-year low

The Philippine economy grew at its slowest pace in three years in the second quarter of 2018, missing estimates and failing to meet the government’s expectations......»»

Category: newsSource:  philstarRelated NewsAug 9th, 2018

PH GDP growth slows down in Q2 of 2018

THE Philippines’ gross domestic product (GDP) growth slowed down to 6.0 percent in the second quarter of 2018, according to the Philippine Statistics Authority (PSA). Dr. Lisa Grace Bernales of the PSA said that the GDP had gone down compared to the 6.6 percent growth that was registered in the first quarter. She added that […].....»»

Category: newsSource:  tribuneRelated NewsAug 9th, 2018

PHL GDP eases to 6%, below gov’t target band and estimates

By Carmina Angelica V. Olano, Researcher The Philippine economy grew 6.0% in the second quarter of 2018, the Philippine Statistics Authority (PSA) reported Thursday morning. The April-June gross domestic product (GDP) growth figure was lower than the revised 6.6% growth recorded in the same period in 2017 and the 6.8% median estimate in a BusinessWorld […] The post PHL GDP eases to 6%, below gov’t target band and estimates appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsAug 9th, 2018

GDP growth likely quickened to 7% in second quarter of 2018

The Philippine economy likely grew by seven percent in the second quarter of the year, according to a joint report by First Metro Investment Corp. and University of Asia and the Pacific......»»

Category: financeSource:  philstarRelated NewsJul 23rd, 2018

Better Jobs, Manufacturing Data to Support PH’s Q2 Growth

National Economic and Development Authority (NEDA) undersecretary Rosemarie Edillon expressed confidence that the improving performance of the country’s labor force and manufacturing sector will spur forward the country’s economy in the second quarter of 2018. This is after the government released on Tuesday the labor and manufacturing data for April this year, which showed unemployment […].....»»

Category: newsSource:  metrocebuRelated NewsJun 7th, 2018

BSP: Business Optimism on PH Still Stable in Q2

Bangko Sentral ng Pilipinas’ (BSP) Business Expectation Survey (BES) for the second quarter of 2018 revealed that businessmen have remained optimistic about the Philippine economy. The BSP reported Thursday that overall confidence index in Q2 2018 stood at 39.3 percent, slipping from 39.5 percent in the first quarter of the year. But the central bank […].....»»

Category: newsSource:  metrocebuRelated NewsJun 4th, 2018

GDP outlook up on ‘stellar’ growth pace

BMI Research, Fitch Group's think tank unit, has raised its outlook for the Philippine economy for this year following the “stellar economic growth performance” in the first quarter of 2018. In a report released Thursday, the BMI Research revised upward its gross domestic product forecast for the country to 6.5….....»»

Category: newsSource:  journalRelated NewsMay 20th, 2018

PH GDP Outlook Raised on ‘Stellar Economic Growth Performance’

BMI Research, Fitch Group’s think tank unit, has raised its outlook for the Philippine economy for this year following the “stellar economic growth performance” in the first quarter of 2018. In a report released Thursday, the BMI Research revised upward its gross domestic product (GDP) forecast for the country to 6.5 percent from its previous […].....»»

Category: newsSource:  metrocebuRelated NewsMay 18th, 2018

Philippine economy grows 6.8% in the first quarter

DUBAI: The Philippine economy grew by 6.8 percent in the first quarter, on par with expectations but short of the government's growth target of between 7 percent to 8 percent for 2018. 'T.....»»

Category: newsSource:  manilanewsRelated NewsMay 11th, 2018