THIS year's economic growth target will likely be missed after a slower-than-expected third quarter that has also put pressure on monetary authorities to keep lowering interest rates, analysts said.

Subdued household and government spending limited gross domestic product (GDP) growth to just 5.2 percent in July-September, markedly down from the second quarter's 6.4 percent and below the 5.7-percent median in a Manila Times poll of economists.

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