Balisacan: PH second best-performing nation

By Tiziana Celine Piatos

Aug 10, 2022 12:25 am

PHILIPPINE economic growth slowed to 7.4 percent in the second quarter amid higher inflation, the government reported on Tuesday.

The gross domestic product (GDP) result was lower than the first quarter's downwardly revised 8.2 percent and the 8 percent seen in a Manila Times poll of analysts. It stayed, however, within the government's recently trimmed 2022 target of 6.5 to 7.5 percent.

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