Sunday 26 May 2013

INQUIRER.net: Moody’s Analytics sees 6.6% GDP growth in Q1

INQUIRER.net
Philippine News for Filipinos
Moody's Analytics sees 6.6% GDP growth in Q1
May 27th 2013, 01:44

MANILA, Philippines--Moody's Analytics expects the Philippines to have posted one of the strongest growth rates in Asia Pacific in the first quarter, projecting a 6.6-percent expansion of the domestic economy in the period from a year ago. The National Statistical Coordination Board will release the official growth figure for the first quarter on Thursday. In its regional outlook report released Monday, Moody's Analytics said favorable indicators point to the ability of the Philippines to sustain a robust growth rate. "The Philippine economy was one of the region's standout performers in 2012, and this has continued in the opening months of 2013," Moody's Analytics said. It e...

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