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PHILIPPINES-ECONOMY/GDP
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May 29, 2014
A sales lady arranges shoes on display at a store in Manila May 29, 2014. The Philippine economy unexpectedly...
Manila, Philippines
A sales lady arranges shoes on display at a store in Manila
A sales lady arranges shoes on display at a store in Manila May 29, 2014. The Philippine economy unexpectedly grew at its slowest pace in two years in the first quarter, hurt by the impact of last year's super typhoon, raising some speculation the central bank may delay an expected increase in its policy rate.
Many analysts have been expecting the central bank to raise its policy rate for the first time in three years in the second half of 2014 to rein in inflation in an economy that grew 7.2 percent last year, the fastest in Southeast Asia. REUTERS/Romeo Ranoco (PHILIPPINES - Tags: POLITICS SOCIETY)
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