Manufacturing returned to growth in December after weak external demand and extreme weather events reduced production in previous months. Firms consequently maintained positive production prospects on expectations of robust domestic demand ahead of the mid-term elections. The unemployment rate reached a historic low in December while other labor market indicators including underemployment were broadly steady over the previous year. Inflation also...
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2025/02/28
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Newsletter
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197589
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1
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2025/03/04
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Disclosed
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Philippines Monthly Economic Developments (February 2025)
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Citation
World Bank.
Philippines Monthly Economic Developments (February 2025) (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099641203042510810