THE PHILIPPINE ECONOMY likely slowed in the third quarter as household spending remained muted after the central bank cut interest rates in August.
A BusinessWorld poll of 12 economists and analysts conducted last week yielded a median gross domestic product (GDP) annual growth estimate of 5.7% for the July-to-September period.
If realized, it would mark a slowdown from the 6.3% growth in the previous quarter and the 6% expansion in the third quarter of 2023.
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