PH economy to continue decline in Q4, but milder than previous quarter — poll enablePagination: false endIndex: Metro Manila (CNN Philippines, January 22) — The economy is expected to shrink again in the last three months of 2020, but the plunge seen is still tamer than the quarter prior. A CNN Philippines poll among 10 economists yielded a wide forecast range of 5-12.2% for the forecasted decline for the fourth quarter. This led to an average of -8.31%, milder than the 11.5% contraction logged in the quarter prior as the country continues to reel from the COVID-19 pandemic. Still, the forecast average is a distant cry from the 6.4% expansion logged in the last quarter of 2019, driven by a surge in government and infrastructure spending.