Philippines misses official target with 5.6% GDP growth in 2023

MANILA -- The Philippine economy fell short of an ambitious growth target for 2023 as rising inflation and interest rate hikes dampened households' spending power. Official data released Wednesday showed annual GDP growth came in at 5.6%, well short of the 7.6% pace in 2022 and missing the…#philippine
Source: Reuters: Health - Category: Consumer Health News Source Type: news