BREAKING NEWS | The Philippine economy expanded 7.6% in the third quarter from a year earlier, the statistics agency said on Thursday. Read:
MANILA – The Philippine economy expanded 7.6% in the third quarter from a year earlier, the statistics agency said on Thursday.
On a quarter-on-quarter basis, gross domestic product growth was 2.9% compared with the 0.1% contraction in the previous three month period. Socioeconomic Planning Economic Planning Secretary Arsenio M. Balisacan said on Thursday the country was on track to meet this year’s 6.5% to 7.5% growth after the economy’s faster-than-expected growth in the third quarter. —
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