Manila, April 9 -- The Asian Development Bank (ADB) has retained its 2025 economic growth forecast of 6 percent for gross domestic product (GDP) while lowering its inflation projection.

In its Asian Development Outlook (ADO) April 2025, the ADB kept its GDP forecast from the December 2024 report, which was higher than the 5.6 percent growth recorded in 2024.

However, the growth outlook for 2026 was slightly trimmed to 6.1 percent from 6.2 percent.

"The Philippines remains a bright spot in the Southeast Asian region, with robust private consumption and sustained investments, particularly on infrastructure, continuing to fuel growth," ADB country director for the Philippines Pavit Ramachandran said.

The ADB expects the Philippine econom...