Philippine Growth Slows to 2.1% as Farms and Investment Falter
Philippine GDP grew only 2.1% year on year in the third quarter as farms shrank and consumer spending slowed, leaving a difficult path to the government’s 2026 growth target.
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← All tagsPhilippine GDP grew only 2.1% year on year in the third quarter as farms shrank and consumer spending slowed, leaving a difficult path to the government’s 2026 growth target.
Indonesia’s economy grew 5.47% year on year in Q3 2026, above a Reuters poll forecast of 5.18%, as exports improved and household spending held steady. The data does not establish full-year growth.
August output was flat and September's early estimate points down, but Canada's central bank just raised its policy rate. The tension is between weak activity now and inflation it expects to persist.