NSCB - 3rd Quarter 2011 National Accounts

Third Quarter 2011
Gross National Income &
Gross Domestic Product by Industrial Origin

Services maintains growth

For the third quarter 2011, the resilience of the Services sector drew from the favorable performances of the following: Real Estate, Renting and Business Activities [7.6%]; Other Services, [7.0%]; Public Administration and Defense; Compulsory Social Security Other Services [5.4%]; Transport, Storage and Communication [4.9%]; and Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods with [3.8%].

The weakest growth in Services came from Financial Intermediation with 3.6 %.

GROSS VALUE ADDED in SERVICES
3rd Quarter 2010 and 3rd Quarter 2011
AT CURRENT AND CONSTANT 2000 PRICES, IN MILLION PESOS

At Current Prices

INDUSTRY/INDUSTRY GROUP	Q3 2010	Q3 2011	Growth Rate (%)
SERVICE SECTOR	1,238,898	1,358,478	9.7
a. Transportation, Storage and Communication	137,110	148,453	8.3
b. Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods	400,938	437,217	9.0
c. Financial Intermediation	154,396	167,043	8.2
d. Real Estate, Renting & Business Activity	248,243	279,847	12.7
e. Public Administration & Defense; Compulsory Social Security	95,142	104,077	9.4
f. Other Services	203,069	221,841	9.2

At Constant 2000 Prices

INDUSTRY/INDUSTRY GROUP	Q3 2010	Q3 2011	Growth Rate (%)
SERVICE SECTOR	783,995	825,626	5.3
a. Transportation, Storage and Communication	94,479	99,091	4.9
b. Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods	244,719	253,916	3.8
c. Financial Intermediation	92,692	95,983	3.6
d. Real Estate, Renting & Business Activity	150,320	161,757	7.6
e. Public Administration & Defense; Compulsory Social Security	63,427	66,836	5.4
f. Other Services	138,357	148,043	7.0

Source: National Statistical Coordination Board (NSCB)

Posted: 28 November 2011.


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