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Philippines
The 6.0% economic growth forecast for 2013 will be backed by sustained private consumption and government spending. However, the surge in capital inflows, if not properly managed, could disrupt both real and financial sectors. Translating growth into welfare gains remains a key challenge.
Real Gross Domestic Product (y-o-y growth, %)
y-o-y = year-on-year.
Source: National Statistical Coordination Board; CEIC database.
Source: National Statistical Coordination Board; CEIC database.
| Latest | Month-Ago | Year-Ago | ||
|---|---|---|---|---|
| Exchange Rate Index 1 | 129.0 (Feb13) | 128.8 | 123.0 | |
| Merchandise Export Growth 2 | -2.0 (Feb13) | 5.8 | -1.4 | |
| Composite Stock Price Index 3 | 216.4 (Mar13) | 212.6 | 163.5 | |
| Growth of Broad Money 4 | 13.4 (Mar13) | 11.3 | 5.8 | |
| Industrial/Manufacturing Production Growth Rate 5 | 9.8 (Nov12) | 19.2 | -6.4 | |
| Headline Inflation Rate 5 | 3.0 (Jan13) | 2.9 | 4.0 | |
| Claims on the Private Sector 5 | 15.9 (Dec12) | 13.8 | 15.7 | |
| 1 Monthly average, January 2006 = 100, $/local currency; an increase from previous period indicates appreciation. 2 3-month moving average, y-o-y, %. 3 Monthly average, January 2007=100, local index. 4 M2, y-o-y, %. 5 y-o-y, %. | ||||
| Source: Bloomberg LP; CEIC database; National Statistics Office; Datastream; Bangko Sentral ng Pilipinas; IMF International Financial Statistics Online. | ||||
