9 Nov 2021 – PH GDP grew 7.1 percent in 3rd quarter 2021

Published by rudy Date posted on November 9, 2021

By: Ben O. de Vera, INQUIRER.net, 9 Nov 2021

MANILA, Philippines—As the economy further reopened, the Philippines’ gross domestic product (GDP) grew 7.1 percent year-on-year in the third quarter, above expectations although slower than second-quarter expansion GDP or the goods and services produced in the country from July to September was also 3.8-percent larger than output from April to June.

In the third quarter of 2020, GDP shrank by 11.6 percent year-on-year amid the then prolonged COVID-19 lockdowns which stopped some economic activities.

The lower third-quarter growth was expected compared to the second quarter’s 12-percent jump, which had benefited from the low-base effect caused by the most stringent enhanced community quarantine (ECQ) imposed from mid-March to May 2020, which ground to a halt 75 percent of the economy.

The government targets 4-5 percent GDP growth in 2021, which Socioeconomic Planning Secretary Karl Kendrick Chua said was attainable given the third-quarter outturn.

July 2025

Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.

Accept National Unity Government (NUG)
of Myanmar.  Reject Military!

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Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

July


3 July – International Day of Cooperatives
3 Ju
ly – International Plastic Bag Free Day
 
5 July –
World Youth Skills Day 
7 July – Global Forgiveness Day
11 July – World Population Day 
17 July – World Day for
International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons 


Monthly Observances:

Schools Safety Month

Nutrition Month
National Disaster Consciousness Month

Weekly Observances:

Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week

 

Daily Observances:

First Saturday of July:
International Cooperative Day
in the Philippines

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