MANILA — The Philippine economy PHGDP=ECI grew 2.1% in the third quarter from a year earlier, the statistics agency said on Monday, lower than forecast.
- Economists in a Reuters poll had expected the economy to grow 3.0% year-on-year in the third quarter
- On a seasonally adjusted, quarter-on-quarter basis, the economy grew 0.1% in the July-September period, down from 0.6% in the previous quarter
- The government on Friday revised its second quarter GDP growth to 2.4% from the previously reported 2.3%
—Reporting by Mikhail Flores and Nestor Corrales; Editing by Martin Petty
