2 weeks UK think tank projection: Negative 8.2 percent growth for PH as result of pandemic Inquirer |Biz
UK-based think tank Oxford Economics has further downgraded its 2020 gross domestic product (GDP) projection for the Philippines to a negative 8.2-percent, no thanks to weak consumer spending and project delays due to restrictions amid a prolonged quarantine. In a note to clients, Oxford Economics assistant economist Makoto Tsuchiya said the projected faster GDP slide […] The post UK think tank projection: Negative 8.2 percent growth for PH as result of pandemic appeared first on Inquirer Business. ... more