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Economist projects PH economy to grow by 6.2% in Q4 2024
PTVPhilippines
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1/17/2025
Economist projects PH economy to grow by 6.2% in Q4 2024
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00:00
An economist said the country's economy is projected to expand by over 6% in the fourth
00:05
quarter of 2024. According to Philippine News Agency's report, Rizal Banking Corporation
00:11
chief economist Michael Rickford stated it will likely settle at 6.2%. Rickford further added
00:18
that aside from consumer spending, which accounts for over 72% of the economy,
00:23
the continued growth in the services sector likely boosted economic growth.
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