Economy 1 MIN READ

Philippines Q3 GDP y/y growth revised down to 6.9% from 7.1%

January 26, 2022By Reuters

The Philippine economy grew 6.9% in the third quarter of 2021 from a year earlier PHGDP=ECI, lower than the previously-reported growth estimate of 7.1%, the statistics agency said on Wednesday.

The government will release fourth-quarter gross domestic product data at around 0200 GMT on Thursday, with the economy projected to have expanded at a slower pace of 6.0% from a year earlier, based on the median estimate in a Reuters poll.

(Reporting by Enrico Dela Cruz
Editing by Ed Davies)

((enrico.delacruz@tr.com))

This article originally appeared on reuters.com

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