BusinessWorld E-paper
July 13, 2023
THE PHILIPPINE ECONOMY may not meet the government’s 6-7% growth target this year, as household consumption is likely to further weaken despite slower
inflation, analysts said.
Pantheon Macroeconomics Chief Emerging Asia Economist Miguel Chanco gave a Philippine gross domestic product (GDP) growth forecast of 5.5% for this year, as he expects “much weaker” prints in the second half.
