Philippines GDP accelerates to 7.6% in Q3

© Reuters. FILE PHOTO: Labourers work at a construction site of a new expressway in Manila, Philippines November 17,2016. REUTERS/Czar Dancel

MANILA (Reuters) – The Philippine economy expanded 7.6% in the third quarter from a year earlier, the state-run television network said on Twitter, stronger than the previous quarter’s revised 7.5% growth.

Analysts polled by Reuters had expected gross domestic product to grow 6.3% on an annual basis and 1% quarter-on-quarter.

by : Reuters

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