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Philippines GDP growth hit by typhoons, but outlook robust, says World Bank
The Philippine economy is expected to grow more slowly than first thought this year after the country was hit by a series of typhoons but should be more robust in 2025 and 2026, the World Bank said on Tuesday.
World Bank trims 2024 Philippines GDP target to 5.9%
The World Bank has downscaled its economic growth forecast for the Philippines this year following the slower-than-expected gross domestic product growth in the third quarter, but expects the economy to post faster economic growth next year.
World Bank sees 6% growth rate for Philippines from 2024 to 2026
Private consumption will likely remain the main engine of growth from 2024 to 2026 fueled by OFW remittances, stable inflation, and higher employment rates, says the bank's outlook for the Philippines
World Bank cuts Philippines 2024 GDP growth forecast to 5.9% on typhoons
Due to the damage wrought by the recent string of strong typhoons on the economy, the World Bank has slightly cut its 2024 gross domestic product (GDP) growth forecast for the Philippines.
1d
on MSN
Japan's Q3 GDP growth revised higher to 0.3% Q/Q and 1.2% on annualized basis
Japan’s economy grew by 0.3% quarter-on-quarter in the three months to September, surpassing the preliminary estimate and ...
10d
November Consumer Confidence Bodes Well For Future GDP Growth
The Conference Board’s Consumer Confidence Index increased in November 2024 to 111.7, the highest level since July 2023.
Lehigh Valley Business
4h
Lehigh Valley GDP grows to record $55.7 billion
The Lehigh Valley’s Gross Domestic Product grew to a record $55.7 billion in 2023, with manufacturing continuing to be a ...
Opinion
8h
Opinion
Vivek Kaul: India’s GDP growth slump holds lessons in forecasting
Most growth forecasts for India’s second quarter of 2024-25 were off the mark. Among other frailties, this exercise is prone ...
6d
on MSN
US Economic Growth Projected To Slow Over Next Two Years
The U.S. economy is predicted to slow in growth, according to reports by the Organisation for Economic Co-operation and ...
NBC Los Angeles
5d
CNBC's Inside India newsletter: What lies ahead for India after a big GDP growth miss?
The recent growth number for the second fiscal quarter, has put a dent on the optimism towards India as experts question what ...
2d
Japan Revises Q3 GDP Higher, Keeps Alive BOJ Rate-Hike Expectations
TOKYO (Reuters) - Japan's economy expanded an annualised 1.2% in the July-September period from the previous quarter, a ...
Accounting Today
4d
KPMG forecasts slight global growth, then dampening
KPMG International forecasts slight growth in global GDP in 2025, then dampening in 2026 due to post-election policies in the ...
businessday
1d
Cement sector GDP’s growth falls on rising cost
The real gross domestic growth of the cement sector in Nigeria fell to 2.30 percent in the third quarter of 2024 from 4.20 ...
7d
Australia's Q3 GDP Growth Disappoints, Markets Now See April Start to Rate Cuts
Data from the Australian Bureau of Statistics on Wednesday showed real gross domestic product rose 0.3% in the September ...
1d
Japan's July-Sept. GDP growth revised up to annualized real 1.2%
Japan's economy grew an annualized real 1.2 percent in the July-September quarter, revised up from an initially reported 0.9 ...
1d
on MSN
China's top leaders are set to discuss GDP growth target, stimulus measures amid economic worries
Market participants will watch the events this week for clues on how policymakers plan to steer the economy through ...
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