PH recovery seen on track

By Tiziana Celine Piatos

Sep 02, 2022 12:25 am

THE country's economic recovery appears to be firming up but inflation and supply constraints remain a threat, a senior National Economic and Development Authority (NEDA) official said on Thursday.

Gross domestic product growth (GDP) — currently averaging at 7.8 percent following first- and second-quarter results of 8.2 percent and 7.4 percent, respectively — was broad-based, NEDA Undersecretary Rosemarie Edillon said during the kick-off of the 20th Development Policy Research Month.

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