Tag: Philippine economy growth rate

PSA: Philippine economic growth rate maintained at 7.6% in 3rd quarter of 2022

(Eagle News) — The Philippines’ economic growth rate in the third quarter of 2022 is still at 7.6%, Philippine Statistics Authority data showed. This is the same growth rate reported initially in November last year. According to the PSA, although this is the case, “changes were observed in all industries except Public administration and defense; compulsory social activities.” The PSA said the main contributors to the third quarter 2022 growth were wholesale and retail trade; […]