PHILIPPINE economic growth likely picked up in the third quarter due to a boost from higher government spending, analysts polled by The Manila Times said.
THE Bangko Sentral ng Pilipinas (BSP) will likely keep key interest rates unchanged this Thursday as domestic inflation expectations remain well-anchored, analysts said.
KEY interest rates will likely stay unchanged this Thursday with economic growth having fallen further than expected in the second quarter, analysts said.
Economists believe that inflation further cooled for the third straight month in April after easing to a six-month low of 7.6 percent in March from 8.6 percent in February.