INQUIRER.net: Philippines moves to higher growth trajectory, say BPI analysts

INQUIRER.net Philippine News for Filipinos

Philippines moves to higher growth trajectory, say BPI analysts May 31st 2013, 00:12 MANILA, Philippines—The first-quarter Philippine economic growth rate is seen as "remarkable" and a confirmation that the country has moved up to a higher growth trajectory.   The gross domestic product growth rate of 7.8 percent for the first quarter surpassed market consensus of 6.1-6.2 percent.  It also marked the 57th consecutive quarter of Philippine economic expansion and posted the fastest pace of growth in the region, beating China and the other slowing economies of Southeast Asia.   In a research issued by the Bank of the Philippine Islands, economists Emilio Neri Jr. and Nicholas Antonio Mapa noted that this growth print was "remarkable" as ... Keep on reading: Philippines moves to higher growth trajectory, say BPI analysts Media files: Philippines-Economy-1024x729.jpg (image/jpeg)

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