![PH economy_0208](https://firstmetro.com.ph/wp-content/uploads/2024/02/PH-economy_0208.jpg)
- The Philippines economy will expand 5.8% in 1Q, according to the latest results of a Bloomberg News survey of 33 economists conducted from Jan. 31 to Feb. 7.
- GDP 2Q24 +6.4% y/y vs prior +6%
- GDP 3Q24 +5.1% y/y vs prior +5.3%
- GDP 2024 +5.8% y/y vs prior +5.6%
- GDP 2025 +6% y/y vs prior +6.1%
- CPI 1Q24 +3.2% y/y vs prior +3.4%
- CPI 2Q24 +4.1% y/y vs prior +4.2%
- CPI 2024 +3.6% y/y vs prior +3.7%
- Current Bangko Sentral ng Pilipinas overnight reverse repurchase rate at 6.50%
** End 1Q24 forecast at 6.50%
** End 2Q24 forecast at 6.50%