Growth in 2025 may fall short of targets–PIDS

Quick Summary:

THE economy’s growth next year may fall short of the government’s targets, according to the Philippine Institute for Development Studies (PIDS).

Earlier, economic growth slowed to 5.2 percent, according to the Philippine Statistics Authority (PSA).

Nonetheless, PIDS said the recovery of the agricultural and production sectors, as well as timely arrival of imported rice slapped with lower tariffs, will help ease inflation.

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Article Details

Author / Journalist: Cai U. Ordinario

Category: BusinessStartups

Markets: Philippines

Topics: Year Inflation Philippine Spending Economy Targets Higher Percent Government’s Growth Pids

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 15:32:55 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 651 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23572870

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News Last Updated: 10 hours ago

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