2021 GDP growth seen at 6.3 percent

By Anna Leah E. Gonzales

Jan 24, 2022 12:15 am

The Philippine economy likely grew by more than 6 percent in the fourth quarter of 2021, bringing the year-to-date growth to 5.2 percent as eased quarantine restrictions pushed up household consumption, analysts polled by The Manila Times said.

Projections for the period ranged from 5.3 to 7.0 percent with a 6.3-percent average, slower than the 7.1-percent expansion in the third quarter but a reversal from the 8.3-percent contraction in the fourth quarter of 2020.

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