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Philippine central bank governor says Q2 growth number is disappointing

  • The Philippine economy grew 2.3% in the second quarter from a year earlier, its weakest pace since 2021
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By Reuters
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MANILA: Philippine central bank Governor Eli Remolona said on Friday that the most recent economic growth number was disappointing, but “it is not that bad”.

The Philippine economy grew 2.3% in the second quarter from a year earlier, its weakest pace since 2021, due to a slump in construction and softer domestic demand.

Philippine central bank

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