Q1 growth revised to 8.2% - BusinessWorld Online

Gross domestic product — the value of all finished goods and services produced in the country at a given period — expanded 8.2% in the January-March period, slightly lower than the 8.3% previously reported on May 12.

The services sector grew 8.3%, slower than the initially reported of 8.6%. The industry sector saw slightly faster growth at 10.5% from the earlier estimate of 10.4%.Downward revisions were also observed in the following services subsectors: accommodation and food service activities ; professional and business services ; wholesale and retail trade; repair of motor vehicles and motorcycles ; information and communication ; and transportation and storage .

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