FW: RHB | Philippines| Economic Growth Moderates In 4Q17

 

 

 

 

Economic Research			25 January 2018
Philippines
Economic Update
Economic Growth Moderates In 4Q17     The Philippines’ GDP expanded 6.6% YoY in 4Q17, moderating from +7% (revised) in 3Q17. Going forward, we expect the archipelago’s economic growth to continue easing to 6.5% YoY this year, from 6.7% YoY last year. This is supported by expanding government-led fixed capital investments and resilient household consumption. The economy is likely to continue to be domestically-driven, while export growth could moderate in 2018.     Economist:  Rizki Fajar  | +6221 2970 7065
To access our recent reports please click on the links below:   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 06 Oct: Inflation Continues To Edge Higher In September 02 Oct:: M3 Picks Up, Loan Growth Moderates 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
Ng Kee Chou	Singapore, Thailand	ng.kee.chou@rhbgroup.com		+603 9280 2179
Rizki Fajar	Indonesia, Philippines	rizki.fajar@rhbgroup.com		+6221 2970 7065
Aris Nazman Maslan	Malaysia, Vietnam	mohd.aris.nazman@rhbgroup.com		+603 9280 2184

 

 

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