Philippines' economic growth unexpectedly slumps to 2.3%, with the peso and stock market falling
2026-08-07 11:14:08
According to CoinMeta, and as reported by Bloomberg, the Philippine economy unexpectedly slowed down to 2.3% in the second quarter, failing to recover as expected. A slowdown in consumer spending and reduced investment were the main reasons for this. As a result, both the Philippine peso and the stock market declined.
Bullish 0
Bearish 0Share to 
Source：Bloomberg
This content is for market information only and does not constitute investment advice.
Follow HKWDB official accounts to stay updated
Hot Articles
Refresh
Web3: Circle obtains New York trust license, expanding USDC custody business.
07-31 22:04
Tesla reportedly plans to divest its China business to pave the way for integration with SpaceX.
07-31 21:54
web3: Foreign media: RWA perpetual contracts may expand faster than tokenization
07-31 21:24
Web3: Foreign media: Analysts say the real catalyst for XRP is not the Clarity Act.
07-31 20:55
Foreign media: Trump's children's accounts are unlikely to replace comprehensive family financial planning
07-31 20:24