The country’s trade deficit widened hitting a five-month high in January this year after exports fell sharply, data from the Philippine Statistics Authority (PSA) showed. The PSA said on Tuesday, March 14, that the country’s trade gap, or the difference between the value of export and import,...
CALASIAO, Pangasinan – Better late than never. A 99-year-old woman, Estepania N. Descalzo, also known as “Lola Panyang,” from Aguilar, this province, recently received her birth certificate from the Philippine Statistics Authority (PSA), 99 years after she was born in 1923. ESTEPANIA N....
Of approximately two million OFWs deployed to different countries, more than half are women—here’s a bittersweet story from one of them By: Jelica R. Enriquez I was excited to come home. These were my first thoughts when I boarded the plane on my return flight to Manila. The thrill of traveling...
The Philippine Statistics Authority (PSA) said the implementation of the national identification system has achieved its goals of onboarding unbanked Filipinos while providing a valid proof of identity that can be used to transact with the government and private sector. PSA Undersecretary Dennis...
The Philippine Statistics Authority (PSA) reported that committed foreign investments last year went up 25 percent as the local economy reopened after the prolonged pandemic. Data from the PSA showed Thursday, Feb. 16, that the total approved foreign investments reached P241.89 billion in January...
On the heels of the disappointing news that the inflation rate had risen even higher to 8.7 percent in January – beyond the Bangko Sentral ng Pilipinas’ forecast range of 7.5 to 8.3 percent, and the government’s target range of two to four percent – there was a vital piece of good news on...
Factory output slowed in December due to weak manufacturing of transport equipment, computer, electronic, optical products and basic metals, the Philippine Statistics Authority (PSA) reported. In the Monthly Integrated Survey of Selected Industries (MISSI) released on Thursday, Feb. 9, the...
The country's unemployment rate dropped to 4.3 percent in December 2022 as against 6.6 percent in December 2021, but the full-year unemployment rate remained below its pre-pandemic average, data from the Philippine Statistics Authority (PSA) showed. Based on the PSA report on Wednesday, Feb. 8, the...
Increase in consumer prices further accelerated in January, defying all expectations that it had peaked last December, as food prices remained elevated coupled with costlier utilities and housing rentals, the Philippine Statistics (PSA) reported. Headline inflation accelerated further to 8.7...
The Philippine Statistics Authority (PSA) has reported that the agency has printed over 50 million physical and digital versions of the Philippine Identification (PhilID). PSA Undersecretary Dennis S. Mapa said that out of 50,262,059, about 30,558,332 were PhilIDs - of which, 23,256,884 are...
The third quarter 2022 Gross Domestic Product (GDP) growth rate was maintained at 7.6-percent. However, changes were observed in all industries except public administration and defense; compulsory social activities. The major contributors were: real estate and ownership of dwellings, from 3.1...
The Philippine Statistics Authority’s announcement that the country achieved a 7.6 percent growth in gross domestic product (GDP) in 2022 affirms that, despite high inflation rates, the economy is on track in regaining its pre-Covid pandemic footing. This improves on the 5.7 percent growth in...
