The Philippine economic growth improved somewhat in the second quarter, thanks to increased household consumption amid easing inflation, the Philippine Statistics Authority reported on Thursday.
Gross domestic product grew 5.5 percent year-on-year in the second quarter, which was slightly faster than the 5.4 percent rise in the first quarter.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.