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Philippines' economic growth unexpectedly slumps to 2.3%, with the peso and stock market falling
2026-08-07 11:14:08
According to CoinMeta, and as reported by Bloomberg, the Philippine economy unexpectedly slowed down to 2.3% in the second quarter, failing to recover as expected. A slowdown in consumer spending and reduced investment were the main reasons for this. As a result, both the Philippine peso and the stock market declined.
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Source：Bloomberg
This content is for market information only and does not constitute investment advice.
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