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Update · 02:52 pm AEST · 7 August 2026

18 DAYS AGO Share

Philippines posts slowest economic growth in five years in second quarter

Philippines posts slowest economic growth in five years in second quarter
Photograph: Channel NewsAsia business

The Philippine economy expanded at its slowest pace in five years during the second quarter, according to Channel NewsAsia reporting.

No further details were available in the source material, Channel NewsAsia business reports.

Philippine economy posts slowest growth in five years in second quarter MANILA, Aug 7 : The Philippine economy grew at its weakest annual pace since 2021 in the second quarter due to a slump in construction and softer domestic demand, but the government said there were some signs that activity may improve in the second half of the year.Growth slowed to 2.3 per cent in the June qu channelnewsasia.com
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