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Philippine economy seen to grow 5.8% in Q3 despite higher US tariffs

24 August 2025
in Business
Reading Time: 4 mins read
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Philippine economy seen to grow 5.8% in Q3 despite higher US tariffs
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PHILIPPINE economic growth may pick up in the third quarter despite higher US tariffs and “milder” typhoons, the University of Asia and the Pacific (UA&P) said.

“Despite the Trump tariffs, milder typhoon season will help accelerate GDP expansion in Q3 to 5.8%, given a low base in 2024,” it said in its latest The Market Call released on Friday.

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