The economy of the City of Mandaue grew by 7.6 percent in 2023 amounting to PhP 117.99 billion. This was slower compared to the previous year’s growth of 9.1 percent.

The economy of the City of Lapu-Lapu grew by 9.4 percent in 2023 amounting to PhP 165.61 billion, slower than the 13.2 percent growth posted in 2022.

The economy of the City of Cebu posted 8.3 percent growth in 2023, slower than the 8.5 percent growth registered in the previous year. The Gross Domestic Product (GDP) of the city expanded to PhP…