THE Philippine economy likely increased by 5.8 percent in the fourth quarter of 2021, bringing full-year growth to 5.1 percent, Security Bank Corp.'s chief economist said.

Robert Dan Roces' full-year 2021 growth forecast is a reversal of the 9.6 percent contraction in 2020, but still falls short of the government's 5- to 5.5-percent target.

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