Philippine Q3 GDP Growth Slows Sharply as Corruption Mess Stalls Public Spending - BusinessWorld Online

Corruption slows Philippines’ economic growth to 4-year low

Here are today’s headlines – the latest news in the Philippines and around the world:  Corruption woes drag Philippines’ economic growth to 4-year low in Q3 2025 The Philippine Statistics Authority reports the economy grew just 4% in the third quarter of 2025, as the flood control corruption scandal dampened investor and consumer confidence. Accepting Asia’s highest honor, Father Flavie calls for drug war truth commission Catholic priest Flavi…

Philippine Q3 GDP growth slows sharply as corruption mess stalls public spending - BusinessWorld Online

By Aubrey Rose A. Inosante, Reporter PHILIPPINE economic growth slowed a more than four-year low of 4% in the third quarter as public construction was hit by a corruption scandal involving state infrastructure projects that has dampened consumer and investor sentiment. Gross domestic product (GDP) expanded by an annual 4% in the three months through September, sharply decelerating from the 5.5% growth in the second quarter and the 5.2% clip in t…

PH economic growth slows to 4% in Q3

MANILA, Philippines — The Philippine economy grew by 4 percent in the third quarter of the year, below the 5.5 percent to 6.5 percent government target for the year, the Philippine Statistics Authority reported on Friday.This growth rate is lower than the 5.5 percent in the second quarter of the year, and is likewise lower than the 5 percent median in a Manila Times poll of economists.The main contributors to the third quarter growth were wholes…

Philippines Q3 GDP grows 4.0% y/y, below poll forecast

MANILA — The Philippine economy PHPGDP=ECI grew by 4.0% in the third quarter from a year earlier, official data showed on Friday, following a 5.5% expansion in the previous period. Economists in a Reuters poll had forecast growth of 5.2%. —Reporting by Mikhail Flores and Karen Lema; Editing by John Mair The post Philippines Q3 GDP grows 4.0% y/y, below poll forecast appeared first on Interaksyon.

Philippines' GDP growth drops to 4% in Q3 as typhoons and graft scandal hit

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Philippines Q3 GDP grows 4.0% y/y; slowest rate in more than four years

MANILA :The Philippine economy grew by 4.0 per cent in the third quarter from a year earlier, official data showed on Friday, following a 5.5 per cent expansion in the previous period.  Economists in a Reuters poll had forecast growth of 5.2 per cent. It was the slowest annual growth since the first quarter of 2021, when the economy had contracted. On a seasonally adjusted basis, the economy grew 0.4 per cent quarter-on-quarter, compared with th…