BSP Economic Update (as of August 3)

RBAP Economic Update 3 August 2015; 3:00 PM; EBC—Visayas/ Mindanao Real sector Real Gross Domestic Product growth for the first quarter of 2015 was lower than expected at 5.2 percent due to lower government spending and weak exports; but it was still the third fastest in Asia, after China and Vietnam. Supply side drivers: Strong …

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