Philippines Q2 GDP at 2.3% yr/yr, slower than expected

MANILA, Aug 7 : The Philippine economy grew 2.3 per cent in the second quarter from a year earlier, the statistics agency said on Friday, slower than expected.Economists in a Reuters poll had expected second-quarter gross domestic product growth of 2.8 per cent, which would have matched the first-quarter grow


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Philippines Q2 GDP at 2.3% yr/yr, slower than expected 

Philippines Q2 GDP at 2.3% yr/yr, slower than expected 

A general view of the skyline from the Makati City Hall in Manila, Philippines, May 11, 2010. REUTERS/Nicky Loh/File Photo

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MANILA, Aug 7 : The Philippine economy grew 2.3 per cent in the second quarter from a year earlier, the statistics agency said on Friday, slower than expected.

Economists in a Reuters poll had expected second-quarter gross domestic product growth of 2.8 per cent, which would have matched the first-quarter growth rate.

Source: Reuters

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