BSP Economic Update (as of November 3)
Real sector Real GDP for Q2 2015 grew by 5.6% from 5.0% in Q1 2015 (albeit lower than the 6.7% growth a year ago) due to accelerated consumer and government spending as well as increased investments, particularly in construction. Supply side: Services sector continue to drive growth (6.2% yoy), supported by the following sub-sectors: real …