Philippine Household Spending Accelerates Economic Recovery - Capital Economics

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Philippine Household Spending Accelerates Economic Recovery

09 November, 2021Bloomberg

“Output is set to jump again in Q4 following a sharp drop in virus cases and the further easing of restrictions,” Alex Holmes, Asia economist at Capital Economics Ltd., wrote in a note. “That said, even after rapid growth in the second half of this year, the recovery will still have a long way to go, and the economy will still be in catch-up mode throughout 2022.”

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