AGP Executive Report
Last update: 2 hours agoGrowth Outlook: Philippine President Ferdinand Marcos Jr. ordered a review of 2026–27 targets after third-quarter growth slowed to 2.1%, its weakest pace since the pandemic. Economic managers will revisit GDP, inflation and exchange-rate assumptions on Dec. 1. Trade Diversification: Malaysia is seeking export markets in Africa, Latin America and Central Asia as tariff uncertainty underscores its reliance on 10 markets for 70% of exports. UAE Trade: Non-oil trade reached a record AED2.945 trillion ($800 billion) in the first nine months, up 10.1% year on year, with exports rising 21.6%. Prices and Rates: US consumer prices rose 0.4% in October, above forecasts but below September’s 0.6% increase; markets dipped and Treasury yields rose as inflation remained above the Fed’s 2% target. Global Deals: India and the EU agreed to deepen trade and investment cooperation ahead of a planned free-trade agreement signing next month.
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