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Philippines Monthly Economic Developments (September 2021) (Inglés)

COVID-19 (coronavirus) cases have reached new highs due to the more transmissible Delta variant. The authorities in turn announced stricter quarantine measures in key metropolitan areas. The new mobility restrictions risk slowing the recovery momentum following growth in manufacturing, revenue collection, and bank lending in July. After five months of decline, inflation spiked anew in August due to food and utility price pressure. The authorities...
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