The economy grew at a slower pace in the first three months of the year thanks to high consumer prices. <br /><br />The government reports a 6-point-4 percent expansion from January to March, the slowest after seven quarters. The National Economic and Development Authority attributes the slowdown to high inflation.<br /><br />Let's now get the insights of HSBC Chief Asia Economist Frederic Neumann joining us from Hong Kong. <br /><br />Visit our website for more #NewsYouCanTrust: https://www.cnnphilippines.com/<br /><br />Follow our social media pages:<br /><br />• Facebook: https://www.facebook.com/CNNPhilippines<br />• Instagram: https://www.instagram.com/cnnphilippines/<br />• Twitter: https://twitter.com/cnnphilippines
