BusinessWorld E-paper
January 29, 2024
THE PHILIPPINE ECONOMY may have slowed in the fourth quarter of 2023, which likely resulted in gross domestic product (GDP) growth falling below the government’s full-year target, according to analysts.
GDP likely expanded by 5.7% in the October-to-December period in 2023, based on a median forecast of 20 economists polled by BusinessWorld, slower than the 5.9% growth in the third quarter and the 7.1% expansion in the same period in 2022.
