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Economy grows by 8.3% in Q1

(UPDATED) THE Philippine economy grew by 8.3 percent in the first quarter of 2022 despite stricter quarantine measures to curb the spread of the Covid-19 Omicron variant earlier this year.

In a briefing on Thursday, National Statistician Dennis Mapa said the gross domestic product (GDP) expansion during the quarter was a turnaround from the 3.8 percent in the same period last year.