Despite strong investment spending, the Philippine’ GDP growth rate dipped in the second quarter of 2018, with inflation peaking at a 10-year high at 5.7%.
Despite reaching 5.2%, July's Capital Markets Research report predicts inflation has peaked, dragged back by falling oil prices and rice imports.
GDP growth looks set to have forged ahead in Q2, building on the previous quarter's gains, according to the latest academic research
First Metro Investment Corporation – UA&P Capital Markets’ latest research indicates the Philippine’s GDP looks set to forge ahead building on first quarter gains.
First Metro-UA&P research shows Philippine economy expand above 7% in the first quarter of 2018.