The country’s rice inventory jumped by 14 percent to over two million metric tons (MT) in May, aligning with the government’s ongoing efforts to ensure food sufficiency and stabilize prices. In its latest report, the Philippine Statistics Authority (PSA) said rice stocks stood at 2.37 million...
The total factory output of domestic manufacturers reverted to growth in April despite a slower annual increase in food production. The Philippine Statistics Authority 's (PSA) monthly integrated survey of selected industries (MISSI) report for April 2025, released on Friday, June 6, showed...
Consumer price increases slowed further to 1.3 percent in May from 1.4 percent in April, marking the slowest pace in nearly six years, with the poorest households experiencing no increase in overall prices. According to the Philippine Statistics Authority (PSA), the country’s headline inflation...
Philippine exports to the United States (US) continued to grow, while imported goods from China slid in April—when US President Donald Trump imposed tariffs on America 's trading partners. The latest preliminary data from the Philippine Statistics Authority (PSA) on Friday, May 30, showed...
Factory gate price growth slowed further in April, driven mainly by weaker output in the computer, electronic, and optical products sector, according to the Philippine Statistics Authority (PSA). Preliminary data from the PSA revealed that the producer price index (PPI), which reflects the...
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. has warned that trade shocks are more damaging than supply shocks—as they can shrink the country’s capital stock and slow growth—which monetary policy is not equipped to address. Remolona said at the International Monetary Fund (IMF)...
Department of Trade and Industry (DTI) Secretary Cristina Roque said the 5.4 percent economic growth in the first quarter of the year is a testament to the economy’s “robust resilience,” fueled by strong consumer spending and industry contributions. Roque, who heads the government agency...
Philippine manufacturing output slightly recovered from the steeper 1.5 percent decline in February, registered a softer 0.2 percent dip in March, and elevated the country’s production performance in the first quarter. According to the Philippine Statistics Authority (PSA), the volume of...
The value of the country’s agriculture and fisheries output recovered in the first quarter of the year, driven by higher production in nearly all subsectors, signaling the sector’s steady recovery from the impact of severe weather disturbances last year. Based on data from the Philippine...
Robust government spending ahead of the May 12 elections likely sped up economic growth in the first quarter, despite private consumption largely being in wait-and-see mode as Filipinos save up, according to the research arm of global financial giant Deutsche Bank. In a May 3 report received by...
Singapore-based DBS Bank Ltd. expects a "resilient" first-quarter economic growth for the Philippines amid easing domestic inflation, despite global uncertainties wrought by the United States ' (US) tariff spree. In a May 5 report, DBS Group Research chief economist Taimur Baig and senior...
A staggering 18.9 million Filipinos are considered not functional literate, or who cannot compute and comprehend, a trend which is very alarming, according to Senator Sherwin Gatchalian. Sen. Sherwin Gatchalian, chairman of the Senate Committee on Basic Education, underscores the importance...
