THE ORGANISATION for Economic Co-operation and Development (OECD) sharply downgraded its Philippine growth forecasts and raised its inflation outlook through 2027, warning of a temporary stagflationary shock amid elevated oil prices and weak domestic demand. In its latest Economic Outlook released on June 3, the OECD said it expects the Philippine economy to expand by […]
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OECD slashes PHL growth projections
THE ORGANISATION for Economic Co-operation and Development (OECD) sharply downgraded its Philippine growth forecasts and raised its inflation outlook through 2027, warning of a temporary stagflationary shock amid elevated oil prices and weak domestic demand. In its latest Economic Outlook released on June 3, the OECD said it expects the Philippine economy to expand by […]
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