ANALYSTS said the government’s downwardly revised growth targets for the next two years better reflect current economic conditions, although elevated inflation and sluggish consumer demand continue to pose downside risks. The Development Budget Coordination Committee (DBCC) had lowered its gross domestic product (GDP) growth target for 2026 to 3.5%-4.5% from 5%-6% earlier, citing the possible escalation of the Middle East conflict, weak consumer and business confidence, and intensifying El Niño. [...]