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PH economy emerges from recession

ABS-CBN News
Posted at Aug 10 10:40 PM

The Philippines emerges from a pandemic-induced recession after posting a nearly 12 percent GDP growth in the second quarter of the year. Read more »

PH shares rally after revision of PH's Q1 GDP print

ABS-CBN News
Posted at Aug 09 10:28 PM

Philippine shares broke a two-day losing streak as investors cheer an upward revision in the country's first quarter GDP print. Read more »

Dominguez: PH needs ‘more years’ to fully recover losses from pandemic

Bruce Rodriguez, ABS-CBN News
Posted at Feb 26 07:33 PM

Finance Secretary Carlos Dominguez III said the local economy will need "more years" to go back to its pre-pandemic levels as the country continues to stagger from the impacts of COVID-19. Read more »

Dissecting Data: Surging pork prices push inflation to 2-year high; NCR, poor among worst hit

Warren de Guzman and Edson Guido, ABS-CBN News
Updated as of Feb 05 11:39 PM

Philippine inflation hit a two-year high in January, at 4.2 percent, starting 2021 on a sour note for the economy. Read more »

Philippine inflation quickens to 4.2 percent in January

ABS-CBN News
Updated as of Feb 05 01:23 PM

MANILA (UPDATE 2) - Philippine inflation quickened in January driven by higher food prices, the state statistics bureau said on Friday. Read more »

Inflation slowing down, BSP likely to cut rates anew by 25 bps: economist

ABS-CBN News
Posted at Feb 02 04:48 PM

The Bangko Sentral will likely its policy rate again by at least 25 basis points to help the national government's infrastructure program and boost the economy amid the continuing impact of the pandemic, an economist said Tuesday.   Read more »

Positive growth for Philippines by Q2, off to 'slow start' in 2021: NEDA chief

Bruce Rodriguez, ABS-CBN News
Posted at Jan 29 07:15 PM

The Philippine economy is off to a "slow start" in 2021 and will only see positive year-on-year growth by the second quarter of the year, the country's acting socioeconomic planning official said on Friday. Read more »

Bangko Sentral sees quicker inflation in January as food prices spike

ABS-CBN News
Posted at Jan 29 04:09 PM

 The Bangko Sentral ng Pilipinas on Friday said inflation was likely to hit 3.7 percent this January, settling within the 3.3 percent to 4.1 percent range.   Read more »

PH GDP seen to grow 3 percent in 2021, 'best case' at 4 percent

ABS-CBN News
Posted at Jan 28 01:17 PM

An economist is forecasting a 3-percent growth in the country's gross domestic product (GDP) this year, and a best-case scenario at 4 percent, which would depend on the pace of COVID-19 vaccine rollout and government spending on infrastructure and agriculture. Read more »

PH recovery can outpace Asia Pacific with smooth vaccine rollout

ABS-CBN News
Posted at Jan 26 02:46 PM

The Philippine economy can outpace the growth of the Asia-Pacific economy on a best-case scenario should the country carry out a seamless rollout of COVID-19 vaccines and steady loosening of quarantine restrictions. Read more »

Philippines Q2 GDP contraction revised to 16.9 pct, worse than initial estimate

Reuters
Posted at Nov 09 11:37 AM

The Philippine economy contracted 16.9 percent in the second quarter from a year earlier, worse than the preliminary estimate of a 16.5 percent decline, the statistics agency said on Monday. Read more »