Why the Philippine economy may be slowing down

In an economy that is driven largely by consumption, understanding how households spend their income can reveal a great deal about where the economy is headed.  In the Philippines, consumer spending is the single largest driver of economic growth and accounts for about 73 percent of gross domestic product (GDP). READ: /is-the-philippines-headed-toward-stagflation Last year in […]... Keep on reading: Why the Philippine economy may be slowing down

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