PH shares pare losses from disappointing Q2 GDP growth – PH economy growth slows; GDP at 6% in Q2 – We believe 6% with a Volatile market and other weak environment – PHP have scored well!!!
Q2. Amid a high inflation environment and a six-month drop in exports, the Philippine economy’s growth slowed to 6 percent in the second quarter, below the full-year target, the government reported Thursday. Philippine Statistics Authority (PSA) data showed that the gross domestic product (GDP) was slower than the 6.6 percent in the first quarter and 6.7 percent in the second quarter of last year. Read more @ http://business.inquirer.net/255350/breaking-ph-economy-growth-slows-gdp-6-q2
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