Philippine economic growth accelerated to 6.8 percent last year, the fastest full-year pace since 2013, on the back of manufacturing, trade, and real estate activities as the main drivers of growth in the fourth quarter.
For the fourth quarter of 2016, gross domestic product (GDP) grew 6.6 percent, moderating from 7 percent in the third quarter. But it was enough to boost the full-year pace to its fastest in three years, the Philippine Statistics Authority (PSA) reported on Thursday.
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