Philippines upwardly revises Q1 GDP to 5.8% y/y

August 8, 2024 - 10:12 AM
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An aerial view shows the Ortigas business district in Pasig City, Philippines, June 10, 2022. Picture taken with a drone. (Reuters/Adrian Portugal/File Photo_

The Philippines has revised up annual gross domestic product (GDP) PHGDP=ECI growth in the first quarter to 5.8% from the previously reported 5.7%, the statistics agency said on Wednesday.

The government will release second-quarter GDP data at around 0200 GMT on Thursday.

 —Reporting by Neil Jerome Morales; Editing by John Mair