BUSINESSWOLRD: MOODY'S ANALYTICS: Growth likely DOWN from Q1 surprise Gross domestic product (GDP) growth likely expanded by 4.2% from April to June, a report released on Friday stated, DOWN from the surprisingly strong 6.4% notched in the first quarter. "Manufacturing was volatile, and private consumption likely softened as remittances from Filipinos working abroad have lost some steam," it said. Remittance growth fell to a 15-month low of 4.2% in June.
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