Business · Economy · 10 hrs ago
Philippine Economic Growth Slows for Fifth Straight Quarter
The Philippine economy slowed for a fifth straight quarter, making it one of Asia’s weaker performers.
Weak farm output was a key factor in the slowdown.
High energy costs, the Iran war and bad weather are adding to the pressure, while El Niño is clouding the outlook.
President Ferdinand Marcos Jr. faces growing pressure as the economy weakens.
The slowdown is also raising questions about the central bank’s rate-hike cycle.
The outlook remains uncertain, with high energy costs and El Niño continuing to weigh on expectations.
The Philippines’ economic growth slowed for a fifth straight quarter, according to Bloomberg.
Bloomberg attributed the slowdown to weak farm output.
High energy costs and El Niño continued to cloud the outlook.
The slowdown is raising questions about the central bank’s rate-hike cycle.
It is also adding pressure on President Ferdinand Marcos Jr.
- Who
- The Philippines and its economy.
- What
- Economic growth slowed for a fifth straight quarter.
- When
- The slowdown was reported on November 9, 2026.
- Where
- The Philippines.
- Why
- Bloomberg cited weak farm output, high energy costs and El Niño; Japan Times also cited the Iran war and bad weather.
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This story does not have a timeline yet.
- Growth trend
- Slowed for a fifth straight quarter
- Farm output
- Weak
- Energy costs
- High
- Outlook factors
- El Niño; Iran war; bad weather