The Philippine economy likely expanded by 2.6% in the second quarter of 2026, according to the University of Asia and the Pacific (UA&P), as reported by Philstar Biz.
The projected growth marks a slowdown from previous quarters, attributed to persistent high inflation and external headwinds such as the ongoing Middle East conflict, which have dampened economic activity.
UA&P's forecast underscores the challenges facing the Philippine economy amid global uncertainties, with policymakers expected to monitor inflation and geopolitical risks closely in the coming months.