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Philippine GDP grew 6.9% in Q3

By: - Reporter / @bendeveraINQ
/ 10:21 AM November 16, 2017
Philippines Asia Infrastructure Gap

Filipino workers arrange metal rods at a government road project in Quezon City. The gross domestic product (GDP) grew 6.9% in the third quarter of 2017, beating expectations, the government reported Thursday, Nov. 16, 2017. AP FILE

The gross domestic product (GDP) grew 6.9% in the third quarter, beating expectations, the government reported Thursday.

The GDP expansion during the July to September period exceeded the 6.7-percent growth in the second quarter and the 6.4 percent posted in the first quarter.

It was nonetheless slower than the 7-percent growth in the third quarter of last year.

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The government targets 6.5-7.5 percent GDP growth for 2017. /cbb

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TAGS: economy, GDP, Gross Domestic Product, News
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