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Philippine economy grows 6.9 percent in last quarter

Officials say the Philippine economy grew at a faster than expected 6.9 percent annual pace in the July-September quarter, helped by increased public spending on pay hikes for government personnel.

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  • NCR economy grows at slower pace in 2023
    Metro Manila’s economy grew at a slower pace of 4.9 percent in 2023 from 7.2 percent in 2022, according to the Philippine Statistics Authority (PSA). Data released by the PSA yesterday showed the ...
    04/26/2024 - 5:00 am | View Link
  • Northern Mindanao economy grows by 5.3% in 2023
    CAGAYAN DE ORO CITY (PIA) -- The economy of Northern Mindanao expanded by 5.3 percent in 2023, according to the Philippine Statistics Authority (PSA). This growth is translated to an increase of P49.5 ...
    04/25/2024 - 9:27 pm | View Link
  • US Economy News Today: Economy Was 'Worst of Both Worlds' in First Quarter
    Today, economic growth surprised economists in how much it slowed in the first quarter and we will look ahead to tomorrow's report on the Federal Reserve's preferred measure of inflation.
    04/25/2024 - 6:17 am | View Link
  • Mimaropa economy grows to P400-B in 2023, exceeds pre-pandemic levels
    The Mimaropa region's economy grew to PHP411.4 billion in 2023 from PHP393 billion in 2022, surpassing its pre-pandemic levels, the Philippine Statistics Authority (PSA) reported Thursday. In a press ...
    04/25/2024 - 1:49 am | View Link
  • US economic growth falls short of expectations with 1.6 percent annualized gain
    U.S. economic growth dipped below 2 percent during the first quarter for the first time in more than a year and a half, according to a government reading released Thursday. Gross domestic product ...
    04/25/2024 - 1:36 am | View Link
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