Philippines Q4 GDP grows 7.2%, faster than forecast

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Philippines Q4 GDP grows 7.2%, faster than forecast
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The Philippine economy grew at an annual rate of 7.2% in the fourth quarter, the statistics agency said on Thursday, beating expectations.

Economists in a Reuters poll had expected gross domestic product to rise 6.5% in the last three months of 2022 from a year earlier. Third quarter growth was 7.6%.

"We are confident that we will remain in our high growth trajectory," Baliscan told a media briefing.

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