Tag: 6.3%
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PHL surprises with 6.3% GDP growth
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THE PHILIPPINE ECONOMY expanded faster than expected in the second quarter, as higher government spending and investments offset “anemic” household consumption, government data showed.
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Philippines Q2 GDP rises 6.3% year on year, just above forecasts
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MANILA – The Philippine economy grew 6.3% in the second quarter from a year earlier, driven by government spending and investment, the statistics agency said on Thursday, stronger than upwardly revised 5.8% growth in the first quarter. That took first-half GDP growth to 6.0%, putting the economy on track to…