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Philippines: Inflation forecasts for July mixed

MANILA, Philippines — Economists are at odds over the inflation figures for July, with some expecting further pickup and others seeing a slowdown in the pace of consumer price growth. Alvin Arogo, economist at Philippine National Bank, said inflation likely accelerated further to 6.7 percent in July after quickening to 6.1 percent in June from […]

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Philippines: Economy likely sustained growth in 2nd quarter

MANILA, Philippines — The economy likely sustained  the strong economic rebound  in the second quarter with a gross domestic product expansion of between eight and nine percent after a stronger-than-expected GDP growth of 8.3 percent in the first quarter, according to Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla. “Probably eight or nine percent,’’ he […]

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