The economy registered better-than-expected performance, as GDP grew by 7.6 percent year-on-year in Q3 2022 (6.1 percent consensus forecast) fueled by strong domestic demand despite high inflation and an unfavorable external environment. However, core inflation remained elevated, amid continued strong domestic demand, while food and energy inflation continued to surge amid high global commodity prices. Meanwhile, factory output slowed in September...
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2022/11/01
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电子刊物
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178067
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1
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2022/11/28
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Disclosed
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Philippines Monthly Economic Developments (November 2022)