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The Philippines’ GDP grew 2.1% year over year in the third quarter, slowing from 2.4% in the prior quarter and 4% a year earlier. Agriculture contracted 4.8%, and the peso weakened as slower growth, rising inflation, and concerns about further monetary tightening weighed on local assets.
Weak growth and currency depreciation can curb domestic purchasing power and raise the cost of imported feed inputs, although the article gives no commodity-specific supply or price data.
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.