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Lower inflation fuels PH growth outlook
Manila Bulletin
|May 6, 2025
Singapore-based DBS Bank Ltd. expects a "resilient" first-quarter economic growth for the Philippines amid easing domestic inflation, despite global uncertainties wrought by the United States' (US) tariff spree.
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In a May 5 report, DBS Group Research chief economist Taimur Baig and senior economist Tieying Ma forecast gross domestic product (GDP) growth to have picked up to 5.6 percent in the first quarter, from the revised 5.3 percent in the previous quarter.
The bank also projected lower headline inflation of 1.6 percent in April, further down from the nearly five-year low of 1.8 percent last March.
The Philippine Statistics Authority (PSA) will report on April consumer price index (CPI) inflation on Tuesday, May 6. Its first-quarter GDP report will be released on Thursday, May 8.
This story is from the May 6, 2025 edition of Manila Bulletin.
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