Breaking News

Philippines Gross Domestic Product (GDP) QoQ

Latest Release

Nov 07, 2024

Actual

1.7%

Forecast

1.5%

0.7%

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health. A higher than expected reading should be taken as positive/bullish for the PHP, while a lower than expected reading should be taken as negative/bearish for the PHP.

Importance:

Country:

Currency: PHP

Source: National Statistical Coordinat...

Release Date	Time	Actual	Forecast	Previous
Nov 06, 2024 (Q3)	21:00	1.7%	1.5%	0.7%
Aug 07, 2024 (Q2)	21:00	0.5%	0.9%	1.1%
May 08, 2024 (Q1)	21:00	1.3%	1.0%	1.8%
Jan 30, 2024 (Q4)	21:00	2.1%	1.4%	3.8%
Nov 08, 2023 (Q3)	21:00	3.3%	2.0%	-0.7%
Aug 09, 2023 (Q2)	20:00	-0.9%	0.5%	1.0%

News

Philippines second-quarter GDP growth quickens on construction boom, tops forecast By Reuters - Aug 16, 2017

By Enrico Dela Cruz MANILA (Reuters) - The Philippine economy grew at a sizzling pace in the second quarter, topping expectations as a government-led construction boom and an extended rebound in the...

Philippine first-quarter GDP growth weakest in a year, but rate rise on cards By Reuters - May 18, 2017

By Neil Jerome Morales MANILA (Reuters) - The Philippine economy grew at its slowest pace in more than a year in the first quarter on weaker government spending, but strong exports and domestic...

Philippine Economy Grew At 6% In Q3, Below Expectations By International Business Times - Nov 26, 2015

By Coco Alcuaz - MANILA -- The Philippine economy grew less than expected in the third quarter, dragged by industry and agriculture and the first drop in remittances from overseas Filipinos in...

Analysis

Asia Session: Indices Drift As Sentiment Rules; Dollar Slumps; Oil Rises By Jeffrey Halley - Nov 09, 2021

With this week's global data calendar looking more parched than the Australian outback, markets have been left to their own devices thus far, drifting on the tides of sentiment swings and...

Asia Markets Plummet On Pre-Holiday Profit Taking, Ongoing Virus Fears By Jeffrey Halley - Jan 23, 2020

With Chinese New Year starting tomorrow, bringing in the year of the rat, Asia clearly smells one with regional markets ignoring a positive overnight session on Wall Street and marking equities...

Asian FX Talking: Truce, Trade Or Trauma By Iris Pang - Feb 11, 2019

Within the next few weeks, we should know whether the trade truce between the US and China will give way to renewed conflict, peace or drawn out simmering tension. The result will determine in large...

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