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GDP @ 6.8%

Writer's picture: Doc MikeDoc Mike

Dear Subscribe

GDP growth is at 6.8% which one highest in Asia only next to China and Vietnam. It could've been higher to about 7.2-7.5 % but due the increasing inflation rate. to remedy this troublesome inflation rate, finally, the BSP was forced to increase the interest rate to about 25 base points hence bringing back strength to our mighty peso. Majority of the PSEi listed company shows continuously GOOD fundamentals resulting to a positive prospect speculation of 9,200 -9,500 year end.

Keep the discipline and muster thru the volatility,

Good luck and God Bless


 
 
 

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