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Better than thought: GDP Q3 growth estimate now 6%

THE economy’s performance in the third quarter of last year was better than initially estimated, prompting the Philippine Statistics Authority (PSA) to revise upward its preliminary growth estimates. The PSA said third-quarter GDP growth was revised to 6 percent from the initial estimate of 5.9 percent on the back of… ....

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GDP up 5.9% in Q3 | Cai U. Ordinario

The country's economic growth posted a growth of 5.9 percent in the July to September period, according to the Philippine Statistics Authority (PSA). With this, the country's growth averaged 5.5 percent, just five percentage points shy from the low-end of the government's full year target. The national government, through the… ....

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What it takes to get back: 7-8% GDP growth in 6 years

THE Philippines needs to post GDP growth of 7 to 8 percent annually in the next six years in order to regain what the economy lost during the pandemic, according to an economist from the University of the Philippines School of Economics (UPSE). In a presentation on Monday at the… ....

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PSA revises Q3 GDP growth downward to 6.9%

MAJOR revisions in the estimates for financial and insurance activities prompted the Philippine Statistics Authority (PSA) to revise downward the country’s third quarter GDP growth. On Wednesday, a day before the preliminary fourth quarter and 2021 full-year GDP growth will be announced, PSA said third quarter 2021 growth was now… ....

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