The Philippines economy issued GDP (YoY) reading which started inception during first quarter, where the actual reading is 7.3% compared with a pervious of 1.8% revised to 2.1%, while expectations was leading to 4.4%.

While the GDP sa (QoQ) reading during first quarter increased to reach 3.0%, compared with previous of 0.9% revised to 1.4%, while expectations was leading to 1.0%.