Pantheon Macroeconomics

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10th Nov 2022 16:26Emerging Asia, Daily Monitor

  • GDP growth in the Philippines defied gravity in Q3, inching up to 7.6% year-over-year, from 7.5% in Q2.
  • But the revisions—and lack thereof—in the Q2 data markedly flatter both the yearly and quarterly story.
  • The debt- and savings-fuelled consumption bounce in Q3 is far from sustainable, even if true.

consumption economy gdp gdp growth growth q2 q3

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Keywords for: 11 Nov 2022 Emerging Asia Monitor

consumption, economy, gdp, gdp growth, growth, q2, q3, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence