growth forecast - updates

Rappler's latest stories on growth forecast


IMF cuts global growth estimate to 3.3% as world economy loses steam

Apr 09, 2019 - 9:23 PM

The IMF's World Economic Outlook once again downgrades global growth to 3.3% for 2019, two tenths lower than the global crisis lender forecast in January and 4 tenths lower than October

IMF. In this file photo taken on September 4, 2018, the logo of the International Monetary Fund is seen at the IMF headquarters in Washington, DC. File photo by Jim Watson/AFP

OECD cuts global growth forecast over trade, Brexit uncertainty

Mar 06, 2019 - 6:40 PM

(UPDATED) The Organisation for Economic Co-operation and Development lowers its forecast to 3.3% for this year, down from the 3.5% it predicted in November

FORECAST. The Organisation for Economic Co-operation and Development cuts its global growth forecast for this year to 3.3%. Image via Shutterstock

Singapore cuts 2016 forecast as world economy slows

Aug 11, 2016 - 11:40 PM

The city state s gross domestic product is seen to expand 1 2 instead of 1 3

epa05291720 The Pinnacle@Duxton high rise apartments (C) pictured amongst container cranes bearing the PSA logo at the Pasir Panjang container port in Singapore, 04 May 2016. EPA/WALLACE WOON

ING raises PH growth forecast to 6.5% this year, 6.2% in 2017

Jun 14, 2016 - 7:20 PM

The upgrades are a result of the Duterte administration s plans to increase deficit spending to 3 of GDP from the previous 2

World Bank cuts 2016 global growth forecast to 2.4%

Jun 08, 2016 - 3:25 PM

Commodity exporting nations are particularly hit but expectations for the Philippines and East Asia stay the same

Eurozone growth forecast cut as global risks, Brexit loom

May 03, 2016 - 11:00 PM

The European Commission trims its 2016 forecast to 1 6 citing increased global risks

epa03264431 Illustration Picture showing the EU flags in front of the European Commission headquarters in Brussels, Belgium, 14 June 2012. EPA/OLIVIER HOSLET

A slowing China brings growing concerns

Apr 19, 2016 - 10:30 AM

Leaders should recognize that it is a transparently enforced rule of law – not looking the other way on enforced disappearances – that will be essential for business confidence and economic growth in the long run

epa05169711 A Chinese vegetable vendor hands a customers her goods at a market in Beijing, China, 19 February 2016. Chinese producer prices continued to drop in January while consumer prices edged up, according to official figures released 18 February. The producer price index, which measures the cost of goods at wholesale level, dropped 5.3 per cent year-on-year in January for the 47th straight month of decline while consumer price index, which measures retail inflation, grew 1.8 per cent in January from one year earlier, up slightly from December's 1.6-per-cent increase, the National Bureau of Statistics said. EPA/HOW HWEE YOUNG

Worried IMF cuts world growth forecast, warns over Brexit

Apr 12, 2016 - 9:17 PM

UPDATED The IMF says economic activity has been too slow for too long and calls for immediate action to shore up growth

A file photo dated 18 May 2011 showing the sign of the International Monetary Fund at the entrance of the Headquarters of the IMF, also known as building HQ2, in Washington, DC, USA. Jim Lo Scalzo/EPA

Global recovery 'too weak, too fragile' – IMF chief

Apr 05, 2016 - 11:00 PM

Christine Lagarde hints the International Monetary Fund will cut its global growth forecast for the year amid increasing risks

epa05244579 International Monetary Fund (IMF) Managing Director Christine Lagarde attends during a conference at the House of Finance of the university in Frankfurt, Germany, 05 April 2016. IMF Director Lagarde is holding a lecture in Frankfurt on 05 April with welcome remarks by Bundesbank president Weidmann. EPA/BORIS ROESSLER

Tough global environment drags ADB's PH growth forecast

Mar 30, 2016 - 12:05 PM

ADB says private consumption will still be the main driver of the Philippine economy in 2016 although the impact of El Niño might set it back

LOWERS FORECAST. Philippine economic growth is projected to pick up with higher investment and consumption

China cuts 2016 growth target to '6.5% to 7%'

Mar 05, 2016 - 12:24 PM

Downward pressure on the economy is growing Domestically problems and risks that have been building up over the years are becoming more evident says Premier Li Keqiang

CHINESE ECONOMY. A construction site in the central business district (CBD) of Beijing, China, January 19, 2016. File photo by Wu Hong/EPA

China sets 2016 growth target at 6.5-7%

Feb 04, 2016 - 2:10 PM

The world s second largest economy admits its slowdown will continue this year

epaselect epa05110096 A migrant worker and a Chinese man walk passing by a construction site in central business district (CBD) of Beijing, China, 19 January 2016. China's economy grew 6.9 percent in 2015, according to official figures released 19 January, marking the slowest growth in more than a quarter of a century. The growth missed the 7-per-cent target that the government had set for the year and is the weakest since 1990. It matched predictions of 6.9 percent by economists. EPA/WU HONG

IMF cuts world growth forecast, warns of major risks

Jan 19, 2016 - 8:59 PM

The International Monetary Fund expects the world economy to grow by only 3 4 in 2016

ADB trims 2015 PH growth forecast to 5.9%

Dec 03, 2015 - 8:05 PM

The Asian Development Bank slightly revises its forecast due to the massive exports drop in the last 3 quarters of 2015

FORECASTS. The ADB's growth forecast for the Philippines next year is maintained though at 6.3%, despite trimming 2015's forecast to 5.9%. File photo from EPA

Credit Suisse trims PH growth forecast

Sep 28, 2015 - 11:31 AM

The bank revises the country’s gross domestic product growth forecast to 6 1 instead of 6 4 this year but maintains 2016’s projection at 6 4

S&P cuts 2015, 2016 PH GDP forecast

Jul 09, 2015 - 4:24 PM

Standard Poor s lowers its forecast for the country to 6 this year and the next citing a phase of ‘steady state of slower growth’ in the Asia Pacific region

World Bank still optimistic despite PH's poor Q1 GDP growth

Jun 12, 2015 - 8:00 AM

Beyond forecasts the more important thing is the emerging growth story of the Philippines a World Bank economist says

PH ‘strong performer’ in 2015

May 14, 2015 - 6:07 PM

The UN Economic and Social Commission for Asia and the Pacific forecasts a 6 5 economic growth for the country this year

World Bank cuts PH growth forecast to 6.5% for 2015

Apr 13, 2015 - 11:40 AM

UPDATED Economic growth will also ease slightly in developing countries this year on the back of falling oil prices World Bank says

World Bank cuts PH 2014 growth forecast to 6%

Jan 14, 2015 - 8:51 PM

Despite lowered expectations the World Bank commends the Philippines ambition to achieve inclusive growth

World Bank: Strong domestic demand to drive growth

Oct 06, 2014 - 4:03 PM

The growth though will depend heavily on the government s ability to ramp up spending the World Bank says in its revised report

World Bank downgrades PH growth forecasts

Aug 07, 2014 - 7:49 PM

The bank blames this on the economy’s slow start in Q1 and weak government spending

Rappler Newscast | April 10, 2014

Apr 10, 2014 - 9:29 PM

PH gets a rating upgrade in aviation Sen Santiago urges RH advocates: appeal struck down provisions IMF cuts global growth forecast to 3 6

Rappler Newscast | September 24, 2013

Sep 24, 2013 - 10:18 PM

Guingona hits supposed attempts to gag and bar witnesses in a Senate probe SG asks the SC to lift the TRO on the pork barrel IMF cuts its growth forecast for the PH

IMF cuts 2013 global growth forecast

Jul 09, 2013 - 9:36 PM

IMF cuts its global economic growth forecast to 3 1 citing new downside risks in key emerging market economies and a deeper recession in the eurozone

FORECAST. The Washington-headquartered multilateral lender cuts global economic forecast anew.

IMF cuts US 2014 growth forecast to 2.7%

Jun 14, 2013 - 11:37 PM

The government s sequester cuts are taking up to 1 75 percentage points from this year s growth potential but the economy will rebound in 2014 says IMF

US stocks fall after gloomy IMF growth outlook

Oct 09, 2012 - 9:49 PM

In the first five minutes of trade the Dow Jones Industrial Average was down 17 84 points or 0 13 percent at 13 565 81

GDP growth to accelerate to 7% in Q2, forecasts UA&P

Jun 21, 2012 - 7:41 AM

UA P economists have such a positive outlook for 2012 they jokingly nicknamed themselves the profits of boom

Why Philippines is growing slower than neighbors

Mar 19, 2012 - 1:01 PM

The World Bank maintains its growth forecast but says strengthening public finances and overall competitiveness is needed in the long run

FORECAST. World Bank's 2012 growth predictions.