Q3 growth prompts higher PH forecasts

Nov 15, 2023 12:55 am

BETTER-THAN-EXPECTED third quarter results have led to revisions to full-year Philippine growth forecasts.

Fitch unit BMI Country Risk & Industry Research now expects 2023 gross domestic product (GDP) growth to hit 5.7 percent instead of 5.3 percent, while the Maybank Investment Banking Group raised its forecast to 5.9 percent from 5.2 percent.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

BoP surplus hits $3.5B in September

Q3 earnings seen lifting stock market

PPP project update: 173 worth P3.17T in pipeline

Debt service burden down 7.6% to $7.7B as of end-July

DTI launches retail job blueprint

PH to standardize batteries, charging for electric vehicles

DoE bats for prompt completion of RE deals