MANILA -- The Philippine economy expanded by 8.3% in the first quarter of 2022 from a year earlier, as relaxed pandemic restrictions helped consumption after the January omicron outbreak.
Gross domestic product grew faster than the previous quarter's 7.8%, marking a turnaround from the first three months of 2021 when the economy contracted 3.8%. The median estimate of economists surveyed by BusinessWorld was 6.7%.
