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Poll: GDP likely grew by 5.8% in Q1

4 May 2025
in Business
Reading Time: 5 mins read
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Poll: GDP likely grew by 5.8% in Q1
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PHILIPPINE ECONOMIC growth may have picked up in the first quarter thanks to cooling inflation and faster government spending ahead of the election ban, a BusinessWorld poll showed.

The Philippines’ gross domestic product (GDP) is expected to have grown by 5.8% in January to March, according to a median forecast of 15 economists and analysts polled by BusinessWorld, picking up from the revised 5.3% in the fourth quarter of 2024.

However, it would be a tad slower than the 5.9% growth recorded in the first quarter of 2024.

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