Slower than expected: Q2 growth falls to 2.3%
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Source: The Manila Times
Published: 2026-08-08 02:20 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Health, Economy & Finance, Tax & Budget, Business & Economy
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Snippet:
THE economy grew by a lower-than-expected 2.3 percent in the second quarter (Q2), the weakest expansion since the Covid-19 pandemic, following declining investments, slower household spending and a sharp drop in public construction.
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