Pantheon Macroeconomics

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8th Nov 2023 21:20Emerging Asia, Daily Monitor

  • GDP growth in the Philippines surprised to the upside in Q3, leaping to 5.9%, from 4.3% in Q2...
  • ...But largely thanks to an unsustainable bounce in public spending; fiscal consolidation isn’t over.
  • Consumption continues to slow amid weak balance sheets, while lacklustre investment is here to stay.

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Keywords for: 10 November 2023 Emerging Asia Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence