Friday 20 October 2017
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5 months ago

Economic expansion slowed in Q1

The first-quarter GDP growth was next to China s 6.9 percent and surpassed the rate of growth in most of the emerging Asian economies, Socioeconomic Planning Secretary Ernesto M. Pernia said in a press conference. However, the first-quarter figure was below the 6.8 percent a year ago and the 6.6 percent a quarter ago. It was also the slowest growth since the 6.3 percent posted in the fourth quarter of 2015, Philippine Statistics Authority data showed. Our first-quarter performance bodes well for the

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