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RP economy slowing earlier than expected – Deutsche Bank

Posted by Mai on August 31st, 2008

ABS-CBN News Online (Beta)
RP economy slowing earlier than expected – Deutsche Bank

By DES FERRIOLS

The Philippine Star

Deutsche Bank said the country’s economy was slowing earlier and more sharply than expected, raising concerns over the reliability of the reported growth in manufacturing and overall economic data.

Deutsche Bank said the increasingly frequent and meaningful revisions of the official numbers made it likely that the second quarter national income accounts could be adjusted downward in the coming months.

Read rest of this story here:
ABS-CBN News Online (Beta)

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