Preliminary economic data for the current quarter of 2015 indicates growth is regaining its pace in the second half of the year, a joint report by think tanks First Metro Investments Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said.

The comparative economic performance in terms of gross domestic product (GDP) in the first six months had failed the forecasts by both government and private economists, slowing to 5.3 percent from 6.2 percent a year earlier.

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