Reenacted budget to slow 2019 PH growth

Capital Economics is keeping its 2019 Philippine growth forecast at 6.0 percent for now, noting a slowdown from last year’s 6.2 percent is all the more likely given an ongoing budget impasse.

Government warnings of a deceleration to as low as 4.2-4.9 percent, however, appear to be overblown, the London-based consultancy said in a report.