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Philippines: Economic growth may slow in coming quarters

MANILA, Philippines — The country’s economic growth may slow further in the coming quarters amid accelerating inflation, according to economists. Taimur Baig, chief economist at DBS, said the country’s gross domestic product (GDP) expansion is likely to revert to the six percent range in the coming quarters, but is on track to reach seven percent […]

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Philippines: Inflation slightly eases to 6.3% in August on lower oil prices

MANILA, Philippines (Updated 11:34 a.m.) — Inflation in the Philippines slightly eased in August on lower transport costs as global oil prices started to fall, but the pressure on the Marcos Jr. administration and the central bank to tame rapid price increases remains. Inflation, as measured in the consumer price index, accelerated to 6.3% year-on-year, the Philippine Statistics Authority reported […]

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