<\/p>\n
The Philippine economy expanded an annual 5.2 per cent in fourth quarter from a year earlier, official data showed, missing the median forecast of 5.4 per cent growth in a Reuters poll of economists.<\/p>\n
On a quarterly basis, the Philippines grew a seasonally adjusted 1.8 per cent in the October-December quarter, data from Philippines Statistics Authority showed, below the 1.9 per cent forecast in the poll.\u00a0<\/span><\/p>\n Fourth quarter growth, which matched the previous quarter’s 5.2 per cent expansion, brought full-year growth in 2024 to 5.6 per cent, below the government’s 6.0 per cent to 6.5 per cent growth target.\u00a0<\/span><\/p>\n The weaker than expected expansion in the last three months of 2024 came as a result of typhoons, droughts and other climate-related disruptions, with farm output contracting domestic demand weaker.<\/p>\n “We faced numerous setbacks,” Economic Planning Undersecretary Rosemarie Edillon told a media briefing.<\/p>\n Last month, the government widened its growth target for 2025-2028 to a range of 6.0 per cent to 8.0 per cent, from 6.5 per cent to 7.5 per cent for 2025 and 6.5 per cent to 8.0 per cent in 2026-2028 to account for what it said were evolving global uncertainties.\u00a0<\/span><\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" The Philippine economy expanded an annual 5.2 per cent in fourth quarter from a year earlier, official data showed, missing the median forecast of 5.4 per cent growth in a Reuters poll of economists. On a quarterly basis, the Philippines grew a seasonally adjusted 1.8 per cent in the October-December quarter, data from Philippines Statistics […]<\/p>\n","protected":false},"author":1,"featured_media":3341,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3340","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/02\/Phillipines-23-905x445.webp",905,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/02\/Phillipines-23-463x348.webp",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/02\/Phillipines-23-300x203.webp",300,203,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/02\/Phillipines-23.webp",905,613,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/3340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=3340"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/3340\/revisions"}],"predecessor-version":[{"id":3342,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/3340\/revisions\/3342"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/3341"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=3340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=3340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=3340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}