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Philippine growth up for best three years since mid-1950s

Friday, January 30, 2015 - 05:50
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Industrial production grew 9.2 per cent in the fourth quarter from a year earlier and government spending increased 9.8 per cent

Manila

PHILIPPINE economic growth accelerated last quarter as government spending and manufacturing output rose, capping the best three years of expansion since the mid-1950s. Stocks rose to a record.

Gross domestic product increased 6.9 per cent in the three months through