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Philippines’ Q3 GDP y-o-y growth revised down to 6.9% from 7.1%

[MANILA] The Philippine economy grew 6.9 per cent in the third quarter of 2021 from a year earlier, lower than the previously-reported growth estimate of 7.1 per cent, the statistics agency said on Wednesday.

The government will release fourth-quarter gross domestic product data at around 0200 GMT on Thursday, with the economy projected to have expanded at a slower pace of 6.0 per cent from a year earlier, based on the median estimate in a Reuters poll.

REUTERS