Analysts: PH growth to stay 'below trend'

Feb 03, 2024 12:40 am

FACTORS such as inflation, interest rates and external demand will continue to weigh on economic growth, analysts said, which is expected to again fall below target this year.

'With the drag from higher interest rates yet to filter through the economy in its entirety and global demand likely to weaken, we continue to expect below trend growth in the Philippines over the coming quarters,' Capital Economics analyst Shivaan Tandon said.

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