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The Philippine economy is projected to grow by 5.9% in 2025, up from 5.6% in 2024, driven by increased investments and consumption, according to UBS Investment Bank. Factors such as recovering private investments, solid labor income growth, and easing food inflation will support this growth, alongside government spending and services exports. Additionally, easing inflation may lead the central bank to reduce policy rates by 50 basis points this year.
Philippine economic growth is projected to accelerate to 5.9% in 2025, driven by increased investments and consumption, according to UBS economist Grace Lim. The recovery in private investments, solid labor income growth, and easing food inflation are expected to bolster domestic demand, while government spending and service exports, particularly in the BPO sector, will further support growth. Lim anticipates that manageable inflation will allow the Bangko Sentral ng Pilipinas to reduce policy rates by 50 basis points this year.
Grace Lim
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Philippine economy expected to grow 5.9 percent driven by investments and consumption
03:57 28.02.2025
Philippine economy projected to grow 5.9 percent driven by investments and consumption
10:28 27.02.2025
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