Philippines Q2 GDP at 2.3% Yr/yr, Slower than Expected

Philippine economy slows to 2.3% as war impact peaks

MANILA, Philippines —The Philippine economy grew at its slowest pace in the second quarter of 2026, expanding 2.3 percent as the Middle East war’s fallout dampened economic activity, the Philippine Statistics Authority (PSA) reported on Friday. The latest print was slower than the 2.8 percent recorded in the first quarter and the 5.4 percent posted a year ago, again marking the country’s weakest economic performance in 16 years outside the pande…

Philippine Growth Disappoints at 2.3% as War, Graft Sap Demand

Philippines Q2 GDP at 2.3% yr/yr, slower than expected

Philippines Q2 GDP grows 2.3% yr/yr, slower than expected

MANILA — The Philippine economy PHGDP=ECI grew 2.3% in the second quarter from a year earlier, the statistics agency said on Friday, slower than expected.

Philippine economy grows at slowest pace since 2009

GDP growth eases to 2.3% in Q2, falling short of expectations as Middle East conflict weighs on spending and investment.

Philippine economy posts slowest growth in five years in second quarter

The government has cut this year’s growth forecast to 3.5% to 4.5% Read more at The Business Times.