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Phl economy slowed last year - Vimarsana News

Phl economy slowed last year

The Marcos administration missed its growth objective of 6 to 7 percent last year as increased interest rates brought about by the high level of inflation reduc

Philippines economic growth beats forecasts in 2023 | Borneo Bulletin Online - Vimarsana News

Philippines economic growth beats forecasts in 2023 | Borneo Bulletin Online

MANILA (AFP) – The Philippines economy grew slightly quicker than expected last year, data showed yesterday, even as it was hit by high food prices and weakness in overseas markets. The 5.6 per cent expansion was well down from the 7.6 per cent seen in 2022 but beat the 5.5 per cent estimated in a […]

Philippines' unemployment rate drops to decade low - Vimarsana News

Philippines' unemployment rate drops to decade low

The unemployment rate in the Philippines fell from 4.2 per cent in October 2023 to 3.6 per cent in November, the lowest since April 2005, the Philippine Statistics Authority (PSA) said on Tuesday.At a news conference, PSA head Dennis Mapa said ...

Poverty rate in the Philippines declines to 22.4pc in H1 2023 - Vimarsana News

Poverty rate in the Philippines declines to 22.4pc in H1 2023

MANILA (XINHUA) – The poverty incidence among the Philippine population declined to 22.4 per cent during the first half of 2023 from 23.7 per cent in the same period in 2021, the Philippine Statistics Authority (PSA) said yesterday. PSA head Dennis Mapa said there were 25.24 million Filipinos whose per capita income is insufficient to […]

Philippines' unemployment rate posts 18-year low at 4.2 pct in October - Vimarsana News

Philippines' unemployment rate posts 18-year low at 4.2 pct in October

MANILA, Dec. 7 (Xinhua) -- The unemployment rate in the Philippines decreased to 4.2 percent in October from 4.5 percent in September, the lowest

Source: wn.com