The Philippine economy growth slowed more than expected in the second quarter on a sharp fall in government spending, official data revealed Thursday. Gross domestic product posted a slower annual growth of 4.3 percent in the second quarter after expanding 6.4 percent a quarter ago, the Philippine Statistics Authority reported. The rate was weaker than economists' forecast of 6.0 percent. This wa...
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.