Imports continued to outpace the country’s exports, but at a narrower level in December last year, but overall trade gap in 2022 went up 38 percent versus 2021, the Philippine Statistics Authority (PSA) reported. The PSA said on Thursday, Jan. 26, that the country’s trade gap, or the difference...
Filipinos have not let high inflation rate stop them from spending in 2022, as the Philippine Statistics Authority (PSA) reports that the country’s economic growth performed better than expected last year to a record growth in more than four decades due to revenge spending. The economy, as...
The country’s economic growth in the third quarter last year was maintained at 7.6 percent, the Philippine Statistics Authority (PSA) reported. The PSA made the announcement a day before the scheduled release of the fourth-quarter and full-year 2022 gross domestic product (GDP) performance on...
Farm output declined for third straight year owing to weak crop and fishery sectors, the Philippine Statistics Authority (PSA) reported on Wednesday, Jan. 25. Data from the PSA showed that the value of production in agriculture and fisheries dropped 0.1 percent in January to December last year....
The country's trade gap dropped 21.9 percent in November last year as imports continued to outpace the country’s exports, but at a narrower level, the Philippine Statistics Authority (PSA) reported. The PSA said on Tuesday, Jan. 10, that the country’s trade gap, or the difference between the...
The efforts of the Marcos administration to provide jobs to Filipinos gained momentum, with the country's unemployment rate improving to pre-pandemic levels based on a recent labor force survey, Malacañang said. (File Photo by Ali Vicoy) Citing the Philippine Statistics Authority (PSA) 's Labor...
Factory output increased at a much faster pace in November due to strong manufacturing of machinery and equipment, the Philippine Statistics Authority (PSA) reported on Friday, Dec. 6. In its Monthly Integrated Survey of Selected Industries (MISSI), the PSA said the country's volume of production...
Unemployment rate in November fell to its lowest level in over 17-years, signaling the strong recovery of the economy from the prolonged pandemic, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported on Friday, Jan. 6, that the level of...
Consumer prices quickened even further in December, driven mainly by faster increases in food prices particularly vegetables during the holidays that brought the country’s full-year inflation rate way beyond the government’s target, data from the Philippine Statistics Authority (PSA) showed. In...
Amid delays in the rollout of the Philippine Identification System (PhilSys) ID, the Philippine Statistics Authority (PSA) said that 10 million electronic Philippine ID have been issued to Filipinos. National Statistician and Civil Registrar General Dennis S. Mapa said a total of 10,126,352...
Department of Social Welfare and Development The Department of Social Welfare and Development (DSWD) led the kick-off for the Inter-Agency National Indigenous Peoples (IPs) Birth Registration Special Project through the ceremonial signing of a memorandum of agreement (MOA) with partner-agencies...
EDITORIAL As Christmas Day nears, here’s a bit of good news from the Philippine Statistics Authority (PSA). The country’s employment rate in October 2022 stood at 95.5 percent, “the highest rate recorded since January 2020, and registered to have bounced back from pre-pandemic levels.” This...
