Economist says manufacturing, other production activities to pick up by Q3 2023

Transcript

00:00 An economist believes the country's manufacturing industry will recover via the third quarter of

00:04 this year after a slight slowdown in the previous quarter. Rizal Commercial Banking Corporation,

00:10 or RCBC chief economist, believes that other sectors of production will also pick up its

00:15 activities by the third quarter of 2023 because of the increase in importation, manufacturing,

00:20 and other production-related activities as well. It can be recalled that with reopening of the

00:25 economy, the country's manufacturing sector grew in June but eventually went on a slower pace in

00:30 the months that followed.