Philippine economic growth could marginally accelerate this year, to 6.3 percent from 6.2 percent in 2018, on the back of higher household spending, an ING Bank Manila economist said.

“Growth this year will likely settle in the 6.0-7.0 target set by the government, although I note that 1H (first half) performance will likely see a dip before an eventual rebound in the last six months of the year,” ING Bank Manila senior economist Nicholas Antonio Mapa told The Manila Times.

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