The second quarter of 2015 showed early signs of a more defined recovery in the Philippine economy from the slowdown seen in the first quarter, the latest joint report of think tanks First Metro Investments Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said.
The FMIC-UA&P’s July issue of The Market Call said the country’s economy appears headed for a more upbeat second-quarter performance given increased government spending and a low-inflation environment.
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