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Economic
Research
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19
May 2017
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Philippines
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Economic Update
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The
Philippines’ 1Q17 GDP expanded 6.4% YoY, moderating from +6.6% in 4Q16. Going
forward, we expect the archipelago’s economic growth to soften to 6.3% in
2017 (2016: +6.9%). This is on account of 2017 being a post-election year and
more moderate increase in domestic demand – this is as both public and
private consumption, and investments grow at slower pace after the previous
year’s strong surge.
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Friday, May 19, 2017
Economic Growth Moderates Further In 1Q17
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