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PH expected to miss growth, inflation goals

PHILIPPINE economic growth will likely fall below target this year while average inflation could also end up higher than currently forecast, an S&P Global Rating economist said.

'S&P Global Ratings has been forecasting 2023 gross domestic product (GDP) growth to be slightly below 6.0 percent since the second half of last year,' S&P Global Ratings senior economist Vincent Conti told The Manila Times.