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GDP likely picked up in 2nd quarter

24 June 2025
in Business
Reading Time: 3 mins read
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GDP likely picked up in 2nd quarter
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PHILIPPINE ECONOMIC GROWTH likely picked up in the second quarter, supported by stable inflation and improved labor market conditions, the University of Asia and the Pacific (UA&P) said.

In its latest The Market Call released on Monday, UA&P said economic indicators have turned “slightly more positive,” and expects the gross domestic product (GDP) to expand by 5.6% in the second quarter from the 5.4% growth in the first quarter.

Year on year, this would be slower than 6.5% in the second quarter of 2024.

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