Government number-crunchers revised further downward the gross domestic product (GDP) data for the first quarter 2020, indicating that the economy was in worse shape than earlier reported. 

The preliminary 0.2 percent decline reported in May was changed to 0.7 percent. 

Philippine GDP went down for the first time in two decades in the first quarter, which saw the beginning of one of the world’s longest pandemic lockdowns.

Also revised were percentage changes for net primary income (NPI) from the rest of the world, from -4.4 to -5.9 percent; and gross national income, from -0.6 percent to -1.2 percent. (