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The Philippine stock market and peso weakened after third-quarter GDP growth slowed to 2.1%, down from 2.4% in the previous quarter and 4% a year earlier. The statistics agency attributed the slowdown in part to lower household spending amid higher food and utility prices.
Slower growth and weaker consumer spending point to softer domestic demand, while the peso’s decline can raise the local cost of imported feed and other inputs. The article reports no specific feed-commodity price move.
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.