The country's gross domestic product (GDP) grew at 2.8 percent in the first quarter, the Philippine Statistics Authority (PSA) said. Philstar Biz reported that upward revisions were made in some sectors.
The PSA said the growth rate was maintained at 2.8 percent even as certain sectors posted upward adjustments in their output estimates. The agency regularly updates its quarterly national accounts data as more complete information becomes available.
The first-quarter figure provides a snapshot of economic performance during the period, with the PSA's revisions offering a more refined view of sectoral contributions. The agency's official report contains the detailed breakdown of the revised data.