• Bangko Sentral ng Pilipinas says Philippine economic growth will likely slow in 2H on tighter financial conditions, although the momentum remains firm and a hard landing appears unlikely.
• GDP growth to remain robust in 1H, decelerate in 2H due to tighter monetary policy before picking up in 2025, BSP says in highlights of Monetary Board’s April 8 meeting
• Bank lending activity continued to grow at single-digit rates, reflecting the impact of BSP’s tight monetary policy stance
• 1Q GDP data set to be released May 9