News dalla rete ITA

28 Gennaio 2022

Filippine

PHILIPPINES' GDP GROWS 7.7% Y-O-Y IN Q4, BEATS FORECAST

The Philippine economy expanded faster than expected in the fourth quarter of 2021, with consumer spending picking up as the Covid-19 infection rate slowed ahead of the Christmas holidays, data showed on Thursday.The South-east Asian country's gross domestic product rose 7.7 per cent in the December quarter from a year earlier, faster than the downwardly revised 6.9 per cent expansion in the previous quarter, and well above a 6.0 per cent forecast in a Reuters poll.That brought full-year GDP growth to 5.6 per cent, exceeding the government's 5.0 to 5.5 per cent target. https://www.businesstimes.com.sg/government-economy/philippines-gdp-grows-77-y-o-y-in-q4-beats-forecast (ICE SINGAPORE)


Fonte notizia: The Business Times, 27 January 2022