Debt watcher S&P Global Ratings adjusted downward its Philippine gross domestic product (GDP) growth forecast for this year after taking into consideration the economic impact of the renewed mobility restrictions and faster inflation rate in the country.
In a report released on Thursday, S&P said it now sees the economy expanding by only 7.9 percent this year, slower than its previous 9.6-percent estimate.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.