Home > Community > Financial Markets > Philippines sees Q1 growth at 1.8-2.8 percent yr/yr

Philippines sees Q1 growth at 1.8-2.8 percent yr/yr

Published: 20 May 2009 20:01:04 PST

MANILA, May 21 - Philippine GDP growth in the first quarter of the year was likely to have come in between 1.8-2.8 percent year-on-year, Socio-Economic Planning Secretary Ralph Recto said on Thursday.

He told reporters the agricultural sector was likely to have grown 1.5-2.1 percent year-on-year, industry 0.1-1.5 percent and services 3-4 percent.

First quarter growth data will be announced on May 28.


Source: Reuters

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