The Philippine economy expanded more than expected in the fourth quarter driven by investment and household spending but the full year growth missed the government target.
The Philippine economy grew at a faster pace in the third quarter driven by consumption and exports, the Philippine Statistics Authority said Wednesday. Gross domestic product posted an annual growth of 5.
The Philippine economy expanded at a slower pace in the first quarter but remained strong on investment and household spending. Gross domestic product registered a slower growth of 6.