PHL to continue monitoring U.S. slowdown, local impact

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The story "PHL to continue monitoring U.S. slowdown, local impact" was covered 12 hours ago by Business Mirror, a news publisher based in Philippines.

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PHL to continue monitoring U.S. slowdown, local impact - Business Mirror

Quick Summary:

THE Philippine government is closely monitoring the potential impact of the United States’ economic contraction on the domestic economy, following a 0.3-percent annualized decline in their gross domestic product (GDP) in the first quarter of 2025.

Official first-quarter GDP figures of the country are expected to be released this week.DepEd clarifies: 18.

Most projections for Philippine GDP growth this year remain above 4 percent, although still below the government’s target range of 6 to 8 percent.