Philippine GDP grew 6.9% in Q3
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.
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It was nonetheless slower than the 7-percent growth in the third quarter of last year.
The government targets 6.5-7.5 percent GDP growth for 2017. /cbb
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