A woman buys fresh tomatoes from a stall in the Divisoria district of Manila on January 26, 2023. The Philippines’ economic growth beat expectations last year, fuelled by strong consumer spending despite rising consumer prices, officials have announced. - AFP
MANILA, Jan 27 (Xinhua): The Philippine economy expanded by 7.6 percent in 2022 after logging 7.2 per cent in the fourth quarter, the fastest among the emerging economies in the Asean region, the Philippine Statistics Authority (PSA) has announced.
PSA head Dennis Mapa told a press conference that the 2022 gross domestic product (GDP) growth is the highest since 1976.
