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PHL Economy Expands 5.5% in Q2 - BusinessWorld Online

PHILIPPINES, AUG 7 – Growth driven by agriculture, services, and industry sectors despite election-related slowdown in government spending and tariff uncertainties, with exports rising 4.4%, Philippine Statistics Authority said.

Summary by bworldonline.com
By Aubrey Rose A. Inosante, Reporter THE PHILIPPINE ECONOMY expanded at a slightly faster pace in the second quarter, driven by strong agriculture production and an uptick in consumption, the statistics agency said on Thursday. Preliminary data released by the Philippine Statistics Authority (PSA) showed Philippine gross domestic product (GDP) grew by an annual 5.5% in the April-to-June period, up from the 5.4% in the first quarter. It also matc…

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GMA Filipino News broke the news in Quezon City, Philippines on Thursday, August 7, 2025.
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