Philippine GDP Up 6.5% in Second Quarter of 2017

Gross domestic product (GDP) increased by 6.5 percent in the second quarter of 2017, lower than the 7.1-percent growth in the same period last year but slightly higher than the 6.4-percent growth in the first quarter of 2017. It is on track to meet its full-year expansion target of 6.5 to 7.5 percent. The industry sector recorded the fastest growth of 7.3 percent, followed by the services sector with 6.1 percent and agriculture with 6.3…

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