The economy grew 7.1 percent during the first three months of the Duterte administration, the Philippine Statistics Authority reported Thursday.

The gross domestic product (GDP) growth in the third quarter was faster than the 7-percent expansion in the second quarter as well as the 6.2-percent growth in the third quarter of last year.

ADVERTISEMENT

READ: PH economy grew 7% in Q2

The government targets a conservative 6-7 percent GDP growth in 2016.

READ: Duterte economic team sees conservative growth in 2016

Subscribe to Inquirer Business Newsletter

Read Next

EDITORS' PICK

MOST READ