PH economy grows 6.3% in Q2

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DESPITE local and global challenges, the Philippine economy significantly grew by 6.3 percent in the second quarter of the year, the Philippine Statistics Authority (PSA) reported on Thursday.

The result was up from the revised 5.8 percent in the last three months and markedly higher than last year’s 4.3 percent. It is also higher than the 6.0-percent median in a Manila Times poll of economists.

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