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Philippines' 2024 Q3 GDP growth at 5.2%, missing annual target due to trade dip and typhoons.
The Philippine economy maintained a 5.2% GDP growth rate in the third quarter of 2024, with upward revisions in education, manufacturing, and financial services sectors.
Despite these gains, downward revisions in trade and exports suggest the country likely missed its 2024 growth target of 6-6.5%, partly due to typhoons in October and November.
The full-year economic performance data will be released on January 30.
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El crecimiento del PIB de Filipinas en 2024 Q3 fue del 5,2%, faltando el objetivo anual debido a la caída del comercio y los tifones.