The Money Farm Team

What Is The GDP Of The Philippines 2021?

MANILA, Philippines The Philippine economy grew by 7.7% in the fourth quarter of 2021, as loosening mobility restrictions boosted consumer spending and corporate activity, bringing full-year growth to 5.6 percent and raising hopes for a quick recovery this year. “This year’s growth was far quicker than most analyst predictions, putting the country among the fastest-growing […]

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How Long Will The Current Inflation Last?

Inflation is expected to moderate significantly in 2022, with many forecasters expecting it to end the year at around 3%. However, analysts projected that price increases would fade swiftly in 2021, only to be disappointed when increasing consumer demand for goods collided with strained global supply systems that couldn’t ramp up production quickly enough. The […]

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What Was The Third Quarter GDP?

Increases in private inventory investment, PCE, state and local government expenditure, and nonresidential fixed investment offset losses in residential fixed investment, federal government spending, and exports in the third quarter, resulting in a rise in real GDP. Imports, which are deducted from GDP calculations, increased (table 2). Private inventory investment increased as wholesale trade (driven […]

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