Manila : Philippine economic growth unexpectedly accelerated last quarter to the fastest pace in three years as consumer and government spending increased. Stocks and the peso rose. Gross domestic product increased 7.9 per cent from a year earlier, compared with a revised 7.8 per cent gain in the three months through March, the National Statistical Coordination Board said in Manila yesterday. That's more than the 6.3 per cent median forecast of 14 economists surveyed by Bloomberg News, and is...
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