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Philippines' GDP expands 5.2 pct in Q3

NAMPA / Xinhua
2024-11-07
MANILA, Nov. 7 (Xinhua) -- The Philippines' gross domestic product (GDP) expanded 5.2 percent in the third quarter of 2024 from a year earlier, down from a 6.4 percent growth in the second quarter, the Philippine Statistics Authority (PSA) said Thursday. Growth rate for the first three quarters was 5.8 percent, slightly below the government's target of 6 percent to 7 percent. "The main contributors to the third quarter of 2024 growth were w......
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