BusinessWorld E-paper
November 6, 2023
PHILIPPINE economic growth likely picked up in the third quarter amid a recovery in government spending, although elevated inflation and high interest rates may have dampened household consumption, analysts said.
A Business World poll of 18 economists and analysts last week yielded a median gross domestic product (GDP) growth estimate of 4.9% for the July-September period, a tad faster than the preliminary 4.3% growth recorded in the second quarter.
