Philippine Economy Slows for Fifth Straight Quarter Amid Iran War and Bad Weather

Summary

The Philippine economy unexpectedly slowed for a fifth straight quarter, according to Bloomberg, and Japan Times reports the slump has worsened because of the Iran war and bad weather. Both outlets say the slowdown raises questions about the central bank's rate-hike cycle and adds pressure on President Ferdinand Marcos Jr.

Timeline

1. Bloomberg

   9 Nov 2026, 02:03 UTCSource ↗

   Reports that the Philippine economy unexpectedly slowed for a fifth straight quarter, raising questions about the central bank's rate-hike cycle and heaping pressure on President Ferdinand Marcos Jr.

2. Japan Times

   9 Nov 2026, 07:07 UTCSource ↗

   Reports that the Philippine economic slump has worsened on the Iran war and bad weather, with the slowdown raising questions about the central bank's rate-hike cycle and heaping pressure on President Ferdinand Marcos Jr.