Asean+3 Macroeconomic Research Office (Amro) logo | INQUIRER.net file photo
MANILA, Philippines — The Philippines may post its weakest growth in nearly two decades this year, outside of the Covid-19 pandemic, as high inflation bites the economy where it hurts the most: consumer spending.
Gross domestic product (GDP) is projected to expand 3.4 percent in 2026 from a year earlier, officials of the Asean+3 Macroeconomic Research Office (Amro) said on Thursday after completing their annual consultation visit to the Philippines.
READ: Amro stays cautious on PH amid oil shock, trade tensions
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