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Philippines' GDP accelerates to 6.3% despite 'anemic' consumption

MANILA -- The Philippines' gross domestic product expanded by 6.3% in the second quarter as the government lifted spending, but headwinds such as inflation remain.

Second-quarter GDP beat the 6.2% growth forecast in a Reuters poll of economists and was quicker than the 5.8% expansion in the first quarter of the year.

Read more on asia.nikkei.com