Publication:
Philippines Monthly Economic Developments, August 2023

Simple item page
dc.contributor.authorWorld Bank
dc.date.accessioned2023-08-22T18:12:10Z
dc.date.available2023-08-22T18:12:10Z
dc.date.issued2023-08-22
dc.description.abstractGross domestic product (GDP) growth moderated to 4.3 percent in Q2 2023 owing to a slowdown in domestic and external demand. Manufacturing and services continued to weaken in June, although leading indicators suggest a stronger expansion in July. External demand for goods exports softened in June amid slowing global activity, while soft domestic demand led to a contraction in goods imports. The fiscal deficit narrowed in Q2 2023, as public spending declined due to ongoing fiscal consolidation and delays in budget execution. Labor market conditions remained strong, despite an uptick in unemployment and underemployment.en
dc.identifierhttp://documents.worldbank.org/curated/en/099451308212325531/IDU0b8e90c080910b04a62098fd0a95f5f7b0c83
dc.identifier.doi10.1596/40249
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40249
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectGDP GROWTH
dc.subjectMANUFACTURE
dc.subjectTOURISM
dc.subjectLABOR MARKET
dc.titlePhilippines Monthly Economic Developments, August 2023en
dc.typeBrief
dspace.entity.typePublication
okr.crossref.titlePhilippines Monthly Economic Developments, August 2023
okr.date.disclosure2023-08-22
okr.date.lastmodified2023-08-20T00:00:00Zen
okr.doctypePublications & Research::Brief
okr.docurlhttp://documents.worldbank.org/curated/en/099451308212325531/IDU0b8e90c080910b04a62098fd0a95f5f7b0c83
okr.guid099451308212325531
okr.identifier.docmidIDU-b8e90c08-910b-4a62-98fd-a95f5f7b0c83
okr.identifier.doihttp://dx.doi.org/10.1596/40249
okr.identifier.externaldocumentum34146601
okr.identifier.internaldocumentum34146601
okr.identifier.report184573
okr.import.id1571
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099451308212325531/pdf/IDU0b8e90c080910b04a62098fd0a95f5f7b0c83.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryPhilippines
okr.topicMacroeconomics and Economic Growth::Economic Forecasting
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.unitEFI-EAP-MTI-MacroFiscal-2 (EEAM2)
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
IDU0b8e90c080910b04a62098fd0a95f5f7b0c83.pdf
Size:
459.39 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
IDU0b8e90c080910b04a62098fd0a95f5f7b0c83.txt
Size:
20.29 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Miscellaneous Knowledge Notes