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World Bank cuts Philippine growth forecasts until 2027

The Freeman

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December 10, 2025

The World Bank on Tuesday trimmed its growth forecasts for the Philippines for this year through 2027, mainly due to slower construction activity, muted consumption and a sharper drag from US tariff policy.

In its latest Philippines Economic Update (PEU), the multilateral lender cut its Philippine gross domestic product (GDP) growth forecast to 5.1% for this year from 5.3% in its June report.

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