THE country's creative economy grew by 8.7 percent to P1.94 trillion last year, the Philippine Statistics Authority (PSA) reported on Thursday, but growth slowed for a second straight year.

While down from 9.9 percent in 2023 and 13.3 percent a year earlier, the sector continued to expand for a fourth straight year following a 9.0-percent contraction in 2020 when the Covid-19 pandemic started, PSA data showed.

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