Philippines growth rate slows amid global uncertainties
Source:
BBC News
The Philippines economy slowed in 2011 as global economic uncertainties hurt demand and dented the country's export sector.
Growth was "a relatively feeble" 3.7 percent during the year, down from 7.6 percent in 2010, the National Statistical Coordination Board said.
Exports from the Philippines, one of the main drivers of growth, have fallen for seven consecutive months.
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