Philippines GDP accelerates to 7.6% in Q3 – state TV

Philippines GDP accelerates to 7.6% in Q3 – state TV

Philippines GDP accelerates to 7.6% in Q3 – state TV

Summary : Philippines GDP accelerates to 7.6% in Q3 – state TV.

MANILA, Nov 10 (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.

Reporting by Neil Jerome Morales and Enrico dela Cruz; Writing by Karen Lema; Editing by Muralikumar Anantharaman

MANILA, Nov 10 (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 .

Reporting by Neil Jerome Morales and Enrico dela Cruz ; Writing by Karen Lema ; Editing by Muralikumar Anantharaman