Diokno says economy still on steady path to recovery despite lower growth figures in 2nd quarter

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Main growth contributors were transportation and construction; services sector posted highest positive growth   (Eagle News) – The Philippine economy grew by 7.4 percent in the second quarter of 2022, mostly due to growth in the construction sector and transportation and storage, according to figures from the Philippine Statistics Authority. The figure, however, was lower than the first quarter growth figure of 8.3 percent, and also lower than the fourth quarter of 2021 growth rate […]