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Philippine GDP grew 2.1% in the third quarter, its fifth consecutive slowdown, as household and government spending weakened and farm output fell 4.8%. The economy would need to grow 6.3% in the fourth quarter to reach the lower end of the government’s 3.5%–4.5% full-year target.
The farm contraction may constrain local food availability, while high food and fuel costs and weaker household demand can limit consumption. The article does not identify a specific feed commodity affected.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.