AMRO retains PH growth forecast

Apr 08, 2023 12:36 am

THE Asean+3 Macroeconomic Research Office (AMRO) is keeping its 6.2-percent forecast for 2023 Philippine growth, noting that prospects for the year remain clouded by global headwinds.

'Several risks and challenges are clouding the Philippine economic recovery,' AMRO said in a report on Thursday. 'High inflation and global economic slowdown weigh on [the] growth prospect.'

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