The GDP of the Philippines Grew by 7% in the Second Quarter of 2016

Another bit of good news for stock investors, the gross domestic product or GDP of the Philippines has grown by 7% in the second quarter of this year.  This will definitely help the PSEi increase more.

The 7% GDP growth was the fastest since the fourth quarter of 2013 which recorded a 6.5 growth then.

For those of you who want to learn how the GDP of a country impacts the stock market, I had a previous post that explains this, you can read it here.

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