Philippine economy grew 5.7% in Q1

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7 months ago

MANILA — The Philippine economy grew by 5.7 percent in the first quarter of the year, faster than the 5.5 percent growth in the previous quarter, amid stubbornly high inflation and elevated borrowing costs, the Philippine Statistics Authority (PSA) reported Thursday. The first quarter gross domestic product (GDP) growth, however, fell short of the government's

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philippine

economy

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