7.5 percent 2nd-quarter GDP sustains 2013 growth



The country’s gross domestic product (GDP) rose to 7.5 percent for the second quarter of the year, higher than the 6.3 percent for the same period last year and slightly lower that the first quarter’s 7.8 percent.

The second-quarter figure also boosted first semester GDP to 7.6 percent, higher than the 6.4 percent in the first semester of 2012.

The services sector remained as the biggest growth booster, improving by 7.4 percent and accounting for 57.9 percent of the total GDP.

Manufacturing grew by 10.3 percent and construction by 17.4 percent to lead the industry sector, which grew by 10.3 percent.

The agricultural sector had the slowest growth: 9.4 percent of the total GDP for the second semester.

Kristyn Nika M. Lazo



Please follow our commenting guidelines.

Comments are closed.