PSA revises second quarter economic growth to 7.5%

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(Eagle News) — The Philippine Statistics Authority has revised the country’s second-quarter economic growth. In a statement, the PSA said second quarter gross domestic product (GDP) grew by 7.5% instead of the 7.4% it earlier announced. The PSA said the revision was made following higher recorded growth in construction. The PSA said construction grew by 19.5%, and not 19.0% as earlier announced. Real estate and ownership of dwellings also rose to 4.4% from 3.9%, while manufacturing […]