Malacañang has attributed the rise in the country 's unemployment rate in May to the global oil crisis stemming from the conflict in the Middle East, saying the government had anticipated the impact and continues to roll out interventions to help affected workers. Presidential Communications...
Jobless Filipinos increased in number by nearly half a million to 2.5 million in May from 2.03 million a year ago, driven largely by employment losses in the agriculture and forestry sectors as weather-related disruptions, including El Niño, weighed on opportunities. National Statistician Claire...
Factory output growth slightly eased in May as transport equipment and food production slowed while chemical output declined at a faster pace, according to the Philippine Statistics Authority (PSA). In its latest monthly integrated survey of selected industries (MISSI) report on Tuesday, July 7,...
Inflation, or year-on-year consumer price increases, slowed slightly to 6.4 percent in June as gas prices eased, even as the headline rate continued to be much higher compared with year-ago levels. National Statistician Claire Dennis S. Mapa noted during a press briefing on Tuesday, July 7, that...
The country’s rice inventory rose by nearly five percent to 2.35 million metric tons (MT) in June, with commercial stocks expanding on the back of higher rice shipments in recent months, according to the Philippine Statistics Authority (PSA). In a report, the PSA said the country’s total rice...
Factory gate prices accelerated further in May, bucking the easing in consumer inflation as higher manufacturing costs reached their fastest pace in more than three years, driven mainly by the electronics industry. The latest preliminary Philippine Statistics Authority (PSA) data on Tuesday, June...
The value of the country’s metallic mineral reserves expanded by 17 percent to nearly ₱590 billion in 2025 on the back of an upswing in Class A gold reserves, according to the Philippine Statistics Authority (PSA). In a report on Thursday, June 25, the PSA said the monetary value of Class A...
It seems to be a foregone conclusion that the Marcos Jr. (BBM) Administration will not be able to achieve its target of bringing down the Philippine poverty incidence to a single digit by the time it exits in July 2028. Most probably, this poverty rate will return to close to 16 percent of the...
The country’s production of palay, or unmilled rice, likely improved by 5.3 percent in the second quarter as the total harvest area expanded to more than one million hectares, according to the Philippine Statistics Authority (PSA). Based on estimates by the PSA as of May 1, palay output from...
It 's a grand slam year for Philippine baseball. While pushing for a stronger grassroots development program, the Philippine Amateur Baseball Association is gearing up for a series of international competitions, exposures and hosting for members of the national team. “It’s a very busy...
The wholesale prices of rice eased slightly in May compared to the previous month, but remained higher on a year-on-year basis, according to the Philippine Statistics Authority (PSA). The latest preliminary PSA data showed that the national average wholesale price of regular-milled rice declined by...
Local unemployment rate stood at 4.7 percent in April, the highest jobless rate for April rounds of the government’s labor force surveys (LFS) since the 5.7 percent recorded in April 2022, with agriculture and wholesale and retail trade shedding the most jobs. National Statistician Claire Dennis...
