Previous readings placed third-quarter GDP contraction at 6% in real terms.

In the first nine months of 2020, the country’s economy declined 4.5% on the year in real terms, revised from 4.6% in the previous reading on December 8, 2020.

Compared with the second quarter, third-quarter GDP grew 5.8% in real terms, revised from 5.6% in the previous reading.

The statistics board said differences between readings were due to difficulty in data collection due to the pandemic.

The government expects a GDP contraction of 4.2% for the full year.

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