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Home World News Asia

PH economy slowed in 2024

January 30, 2025
in Asia
Reading Time: 1 min read
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PH economy slowed in 2024
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MANILA, Philippines — The Philippine economy grew at a slower pace of 5.2 percent in the fourth quarter of last year, the Philippine Statistics Authority (PSA) reported on Thursday.

The result was unchanged from the previous quarter of 5.2 percent but lower than the 5.5 percent in the same quarter of the previous year. It was also lower than the 5.7 percent median forecast in a Manila Times poll of economists.

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