# Philippine GDP grows 2.1% in Q3, dragged by high inflation - Nikkei Asia

> The Philippine economy grew 2.1% year over year in the third quarter as higher inflation weighed on household spending. The slowdown raises doubts that the government will meet its already reduced growth target for the year.

- Date: 2026-11-09 · published 2026-11-09T03:12:36.447Z
- Category: macro · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/88607-philippine-gdp-grows-2-1-in-q3-dragged-by-high-inflation-nikkei-asia
- Commodities: [Philippine Peso (PHP per USD)](https://feedsoft.ai/c/USDPHP.md)

## Why it matters

Weaker household spending can constrain domestic food and feed demand, although the article provides no specific evidence of a change in feed use. Slower growth may also weigh on the peso and increase import costs.

## Sources

- asia.nikkei.com: https://asia.nikkei.com/economy/philippine-gdp-grows-2.1-in-q3-dragged-by-high-inflation

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.