Philippine economy slows to 2.3% in Q2 2026, weakest since 2009

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Philippine economy slows to 2.3% in Q2 2026, weakest since 2009

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The Philippine economy grew at 2.3% in the second quarter of 2026, marking its slowest pace since 2009. This growth rate declined from 2.8% recorded in the first quarter.

The latest figure is lower than the 2.8% growth recorded in the first quarter of 2026

World Markets Philippines economic growth Q2 2026 GDP economic slowdown

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