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Economy likely grew 6.3-7.3 pct in 3rd quarter, Pernia says

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Reuters

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/news-special1/nation/11/03/110316_eco.jpg"/></figure></div>MANILA - The economy likely expanded by 6.3 percent to 7.3 percent in the third quarter from a year earlier, boosted by the government&#x27;s increased spending on infrastructure, the economic planning chief said on Thursday.Socio-economic Planning Secretary Ernesto Pernia said third-quarter growth would also show the impact of weak exports and investments.The government is scheduled to release gross domestic product data on Nov. 17.The economy <a href="http://news.abs-cbn.com/business/08/18/16/economy-grows-7-pct-in-2q-as-duterte-pledges-inclusive-growth">grew 7 percent</a> in the April to June period, boosted by election spending. -- with ABS-CBN News

MANILA - The Philippine economy likely expanded by 6.3 percent to 7.3 percent in the third quarter from a year earlier, boosted by the government's increased spending on infrastructure, the economic planning chief said on Thursday.

MANILA - The Philippine economy likely expanded by 6.3 percent to 7.3 percent in the third quarter from a year earlier, boosted by the government's increased spending on infrastructure, the economic planning chief said on Thursday.