INQUIRER PHOTO / GRIG C. MONTEGRANDE
MANILA, Philippines — The Philippine economy could be headed for its weakest annual growth in nearly two decades outside the pandemic, with London-based Pantheon Macroeconomics slashing its 2026 forecast to just 2.8 percent after an “abysmal” second-quarter performance.
In a commentary, Pantheon economists Miguel Chanco and Meekita Gupta cut their 2026 growth forecast from 4 percent, while lowering their 2027 projection to 4 percent from 5 percent as the recovery “looks set to be even more lackluster than previously estimated.”
READ: S&P cuts PH growth outlook to 4.1%
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