The Economic Weather Report Third Quarter 2011 Outlook and Forecasts by Metrobank Research Department
Written By Angelo Silva
Published on Jul 14, 2011
Reading time 1 min
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The Philippine economy posted a slower first quarter growth of 4.9% form 8.4%. GDP computation was revised to reflect 2000 prices from the previous 1985 prices. The growth was underpinned by increased in investment spending, solid consumer spending, rebou8nd in agri sector and solid performance of the industry sectors.
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