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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: bworldonline bworldonlineNov 8th, 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 trade year-on-year performance (September 2018)

THE CONTINUING surge of merchandise imports and drop in products sold abroad pushed the country’s trade in goods deficit further towards the $4-billion mark in September, the Philippine Statistics Authority (PSA) said on Wednesday on the eve of its third-quarter gross domestic product (GDP) report......»»

Category: financeSource:  bworldonlineRelated NewsNov 7th, 2018

Comment on Economy grows 6.8% in Q1 but Pernia says inflation a ‘spoiler’ by Gross domestic product quarterly performance-Times of News Philippines

[…] THE Philippine economy grew in the first quarter on the back of double-digit growth in government spending, but could have performed better if it were not for the nagging inflation that tempered household spending, the government reported yesterday. Read the full story. […].....»»

Category: newsSource:  bworldonlineRelated NewsMay 16th, 2018

PSEi falls over 2% ahead of GDP data

THE stock market retreated by more than 2 percent on Wednesday as investors sold off over pessimism on the Philippines’ gross domestic product (GDP) for the third quarter of 2018....READ MORE The post PSEi falls over 2% ahead of GDP data appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 7th, 2018

Finance dept: GDP likely rose 6.5% in third quarter

THE Philippines’ gross domestic product (GDP) likely grew by 6.5 percent in the third quarter of 2018 on the back of increases in government spending and manufacturing, the Department of...READ MORE The post Finance dept: GDP likely rose 6.5% in third quarter appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 7th, 2018

Gov t cuts GDP growth target for 2018

Due to slower gross domestic product (GDP) growth in the first half, economic managers on Tuesday cut the target range for 2018 to 6.5-6.9 percent even as they unveiled strategies to boost economic.....»»

Category: newsSource:  philippinetimesRelated NewsOct 17th, 2018

Economic team cuts GDP growth target for 2018

Due to slower gross domestic product (GDP) growth in the first half, economic managers on Tuesday cut the target range for 2018 to 6.5-6.9 percent even as they unveiled strategies to boost economic.....»»

Category: newsSource:  philippinetimesRelated NewsOct 16th, 2018

World Bank cuts 2018 PH forecast

The World Bank has joined other multilateral organizations in cutting growth forecasts for the Philippines, on Thursday announcing changes to its 2018 outlook given above-target inflation and rising global uncertainties. The Washington-based lender, in its Philippines Economic Update, said it now expected the country to post gross domestic product growth (GDP) of 6.5 percent this [...] The post World Bank cuts 2018 PH forecast appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 4th, 2018

Sun Life lowers PH growth outlook

Sun Life Financial Philippines has cut its 2018 growth outlook for the Philippines given above-target inflation. “We are expecting GDP (gross domestic product) [growth]for the year to average to 6.4 percent adjusted lower from 7 percent forecast,” Sun Life Chief Investments Officer Michael Enriquez said in a briefing on Tuesday. The forecast is lower than last [...] The post Sun Life lowers PH growth outlook appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 2nd, 2018

DBCC likely to keep 2018 targets – Diokno

Macroeconomic assumptions for this year will likely be maintained during a mid-October review despite challenges such as above-target inflation and a weaker peso, a Cabinet official said on Monday. Budget Secretary Benjamin Diokno told reporters that the inter-agency Development Budget Coordination Committee (DBCC) was looking to keep the 2018 gross domestic product (GDP) goal at [...] The post DBCC likely to keep 2018 targets – Diokno appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsOct 1st, 2018

IMF cuts PH GDP growth forecast

AFP FILE PHOTO Due to slower-than-expected second-quarter expansion, the International Monetary Fund (IMF) has cut its 2018 gross domestic product (GDP) growth projection for the Philippines to 6.5.....»»

Category: newsSource:  philippinetimesRelated NewsSep 30th, 2018

IMF cuts PH growth forecast

Due to a slower-than-expected second-quarter expansion, the International Monetary Fund has cut its 2018 gross domestic product (GDP) growth projection for the Philippines to 6.5 percent. In a pres.....»»

Category: newsSource:  philippinetimesRelated NewsSep 30th, 2018

IMF cuts Philippine growth forecast for 2018 amid new challenges

BW FILE PHOTO By Elijah Joseph C. Tubayan, Reporter THE INTERNATIONAL Monetary Fund (IMF) lowered its gross domestic product (GDP) growth projection for the Philippines this year, amid downside risks from “rising inflation, continued rapid credit growth, higher US interest rates and US dollar, volatile capital flows, and trade tensions.” The IMF expects Philippine GDP… link: IMF cuts Philippine growth forecast for 2018 amid new challenges.....»»

Category: sportsSource:  abscbnRelated NewsSep 28th, 2018

IMF cuts Philippine growth forecast for 2018 amid new challenges

THE INTERNATIONAL Monetary Fund (IMF) lowered its gross domestic product (GDP) growth projection for the Philippines this year, amid downside risks from “rising inflation, continued rapid credit growth, higher US interest rates and US dollar, volatile capital flows, and trade tensions.”.....»»

Category: financeSource:  bworldonlineRelated NewsSep 28th, 2018

ADB lowers PH growth forecasts

The Asian Development Bank has cut its growth forecasts for the Philippines for the next two years and raised inflation projections for 2018 and 2019 as recent moves to temper high consumer prices would take time to show results.   Notwithstanding the expected slower gross domestic product (GDP) growth amid elevated prices, Kelly Bird, the ADB's country director for the Philippines, highlighted a more investment-led Philippine economy, which he said augured well to sustaining expansion in the medium term.   In its Asian Development Outlook 2018 Update report released Wednesday, the Manila-based lender downgraded its 2018 GDP growth projection for the Philippines to ...Keep on reading: ADB lowers PH growth forecasts.....»»

Category: newsSource:  inquirerRelated NewsSep 27th, 2018

Growth forecast cut; slowdown expected

PH economic expansion to ease this year up to 2020 – ANZ Research An Australia-based research firm has cut its 2018 growth forecast for the Philippines and expects a slowdown moving forward as a result of monetary policy tightening. In a report released on Tuesday, ANZ Research said it now expected Philippine gross domestic product… link: Growth forecast cut; slowdown expected.....»»

Category: newsSource:  manilainformerRelated NewsSep 25th, 2018

Growth forecast cut; slowdown expected

PH economic expansion to ease this year up to 2020 – ANZ Research An Australia-based research firm has cut its 2018 growth forecast for the Philippines and expects a slowdown moving forward as a result of monetary policy tightening. In a report released on Tuesday, ANZ Research said it now expected Philippine gross domestic product [...] The post Growth forecast cut; slowdown expected appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 25th, 2018

ADB Releases 2018 Flagship Statistical Report for Asia and the Pacific

MANILA, PHILIPPINES (10 September 2018)- Asia and the Pacific accounts for a growing share of global gross domestic product (GDP), while the region continues to make progress to reach the Sustainab.....»»

Category: newsSource:  philippinetimesRelated NewsSep 14th, 2018

ADB Releases 2018 Flagship Statistical Report for Asia and the Pacific

MANILA, PHILIPPINES (10 September 2018)- Asia and the Pacific accounts for a growing share of global gross domestic product (GDP), while the region continues to make progress to reach the Sustainab.....»»

Category: newsSource:  manilanewsRelated NewsSep 14th, 2018

DoF says 7.7% GDP expansion this semester ‘still possible’

A BLISTERING 7.7% gross domestic product (GDP) expansion this semester — needed for the economy to hit the bottom of an official full-year target for 2018 — may still be “possible” on the back of strong capital formation, according to a senior official of the Department of Finance (DoF). The post DoF says 7.7% GDP expansion this semester ‘still possible’ appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsAug 14th, 2018