PH GDP grows 6.3% in Q4

PH GDP grows 6.3% in Q4

GDP

The Philippine economy grew by 6.3 percent in the last quarter of 2015, the Philippine Statistics Authority said on Thursday.

The latest figures brought the full-year 2015 GDP to 5.8 percent, down from the 6.1 percent in 2014.

The government missed its projection of “realistic” 6-percent growth for last year. The official target for 2015 was 7-8 growth.