Business

PH economy grows 5.9% in Q2, driven by strong consumer spending

The Philippine economy expanded by 5.9% in the second quarter, fueled by resilient household spending and strong services sector performance, the PSA reported.

October 10, 2026 · 3:02 AM · Updated 23 minutes ago

MANILA — The Philippine economy grew 5.9% in the second quarter of 2026, the Philippine Statistics Authority (PSA) reported on Thursday, surpassing market expectations.

Business

PH economy grows 5.9% in Q2, driven by strong consumer spending

The Philippine economy expanded by 5.9% in the second quarter, fueled by resilient household spending and strong services sector performance, the PSA reported.

October 10, 2026 · 3:02 AM · Updated 23 minutes ago

MANILA — The Philippine economy grew 5.9% in the second quarter of 2026, the Philippine Statistics Authority (PSA) reported on Thursday, surpassing market expectations.