The Market Call | September 2020
Reading Time: < 1 minute Macroeconomy Although the deep dive in Q2 which impacts also Q3 suggests full-year GDP to decline by 6.5% to 8.5%, we expect a more positive outlook for Q4 with the Philippine economy slowly recovering and milder restrictions in place starting September. Inflation will be below 2.5% as crude oil prices remain low. We also see...
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