The Philippine Statistics Authority-National Statistical Coordination Board (PSA-NSCB) announced on Wednesday that the revised gross domestic product (GDP) for the third quarter of 2013 was recorded at 6.9 percent, or 0.1-percentage point less than the originally announced economic growth figure.

From its initial report in November, the PSA-NSCB initially said that the third quarter GDP was 7 percent, driven by robust real estate performance, services sector and industry sector, as well as the positive business climate in the country.

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