By Justine Irish D. Tabile, Senior Reporter
The Philippine economy grew slightly faster than initially reported in the second quarter of 2026, with gross domestic product (GDP) growth revised upward to 2.4% from the preliminary estimate of 2.3%, the Philippine Statistics Authority (PSA) said.
Despite the upward revision, GDP growth in the April-to-June period was still slower than the 5.5% growth recorded in the same period last year and the 2.8% expansion in the first quarter.
The revised figure was still the slowest GDP growth since the 3.8% contraction in the first quarter of 2021 during the coronavirus pandemic. Excluding the pandemic years, it was the weakest in more than 16 years, or since the 1.8% expansion in the fourth quarter of 2009.
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