FW: RHB | Philippines| Economic Activity Is Mixed In January

 

 

Economic Research			12 March 2018
Philippines
Economic Update
Economic Activity Is Mixed In January     Overall economic activity in the Philippines was mixed in January, with merchandise export growth easing during the month. Inflationary pressure, however, surged, along with M3 growth, but loan growth eased. Following the robust GDP growth in 4Q17, we expect the archipelago’s economic growth to be sustained at 6.5% YoY in 2018, holding up from +6.7% last year.     Economist:  Rizki Fajar  | +6221 2970 7065
To access our recent reports please click on the links below:   12 Feb: Economic Activity Moderates In December 25 Jan: Economic Growth Moderates In 4Q17 16 Jan: Economic Activity Moderated In November 08 Dec: Moderation In Economic Activity For Sep-Oct 07 Dec: Economic Growth Continues To Pick Up In 3Q17 11 Oct:  Exports Moderated, Imports Rebounded In August
ASEAN Economic Team
Arup Raha	Group Chief Economist	arup.raha@rhbgroup.com		+65 6232 3896
Peck Boon Soon	Chief ASEAN Economist	bspeck@rhbgroup.com		+603 9280 2163
Vincent Loo Yeong Hong	Malaysia, Vietnam	vincent.loo@rhbgroup.com		+603 9280 2172
Rizki Fajar	Indonesia, Philippines	rizki.fajar@rhbgroup.com		+6221 2970 7065
Aris Nazman Maslan	Malaysia, Vietnam	mohd.aris.nazman@rhbgroup.com		+603 9280 2184