Philippine Economy Slows to 2.3% Growth in Q2 2026

The Philippine economy experienced a significant slowdown in the second quarter of 2026, with GDP growth reaching only 2.3% year-on-year. This marks the weakest economic performance for the country since 2009 and was slower than anticipated.

7 Aug, 02:20 — 7 Aug, 02:20

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RapplerMostly Factual2d ago

Philippine economy slows to 2.3% in Q2 2026, weakest since 2009

The latest figure is lower than the 2.8% growth recorded in the first quarter of 2026

By Lance Spencer Yu

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First report: channel-news-asia · 7 Aug, 02:16|Full coverage: 2 · 4m|Window: 4m

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channel-news-asia7 Aug, 02:16First to report

Philippines Q2 GDP grows 2.3% yr/yr, slower than expected

Rappler7 Aug, 02:20Latest update

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Philippine Economy Slows to 2.3% Growth in Q2 2026

Sources

Philippine economy slows to 2.3% in Q2 2026, weakest since 2009

Coverage Timeline

Philippines Q2 GDP grows 2.3% yr/yr, slower than expected

Philippine economy slows to 2.3% in Q2 2026, weakest since 2009

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