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The Philippines got an economic upgrade, but most wallets remain the same

  • Posted on July 9, 2026
  • By South China Morning Post
  • 0 Views
  • 1 min read
The Philippines got an economic upgrade, but most wallets remain the same
The Philippines got an economic upgrade, but most wallets remain the same

The country’s leap to upper-middle-income status means little to inflation-squeezed families struggling with debt and meagre wages.
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Author
South China Morning Post

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