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PH economic growth slower than expected

7 months ago Philippines inquirer

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High inflation and borrowing costs tempered the first quarter growth of the Philippine economy, causing it to miss the government target as tight financial conditions choked both consumer and government spending. Gross domestic product (GDP), or the sum of all goods and services produced within the country, grew 5.7 percent year-on-year in the first quarter, Read more at: inquirer

Tags : economic growth slower expected

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