The country's unemployment fell to 5.7 percent in April, nearing the 5.3 percent pre-COVID level, on continued reopening of the domestic economy, data from the Philippine Statistics Authority (PSA) showed. The April performance was also a significant improvement from 8.7 percent a year ago and...
Factory output improves in uphill climb —PSA By Chino S. Leyco Factory output continued to grow, but at a much slower pace in April due to strong production of textiles, the Philippine Statistics Authority (PSA) reported Thursday, June 9, In its Monthly Integrated Survey of Selected...
PH trade deficit widens further in April By Chino S. Leyco Trade deficit widened last April as country’s purchases of goods from abroad outpaced the rise in sales of locally-made products, the Philippine Statistics Authority (PSA) reported on Thursday, June 9. The PSA said the country’s trade...
The rate of increase in consumer prices accelerated to a fresh three-year high in May as the worsening inflationary pressures globally continued to eat into Filipinos’ purchasing power. The Philippine Statistic Authority (PSA) reported on Tuesday, June 7, that headline inflation jumped to 5.4...
Approved foreign investments dropped by half in the first three-months of the year despite improving economic condition amid the prolonged pandemic, data from the Philippine Statistics Authority (PSA) revealed. Based on the PSA report, total foreign investments declined 54 percent to P8.98 billion...
The country's trade deficit ballooned further in March as Philippines imported more goods from its trading partners, outpacing the growth in exports of local products following the reopening of the domestic economy from quarantine restrictions. The Philippine Statistics Authority (PSA) reported on...
Unemployment rate fell to a new record-low since the start of the pandemic as the majority of the country shifted to the least stringent alert level beginning March, the Philippine Statistics Authority (PSA) reported. Data from the PSA showed on Friday, May 6, that the country’s jobless rate...
The rate of increase in consumer prices quickened in April, hitting its highest level in more than three-years, due to higher food and fuel costs, the Philippine Statistics Authority (PSA) reported on Thursday, May 5. The country's headline Inflation clocked in at 4.9 percent last month, faster...
All regions in the country posted positive economic growths last year, a reversal of the contractions seen at the height of the coronavirus pandemic, the Philippine Statistics Authority (PSA) reported. Data from the PSA revealed on Thursday, April 28 that all economies of 17 regions in the...
(PSA PHILIPPINE IDENTIFICATION SYSTEM FACEBOOK) As part of the Philippine Identification System (PhilSys) project, the Philippine Statistics Authority (PSA) has officially unveiled the PhilSys Check, an authentication system for the Philippine Identification (PhilID) card through its QR code...
Exports of Philippine-made goods rose at a much faster pace at 12 percent in the first two-months of the year owing to strong demand for electronic products, the government announced. The Philippine Statistics Authority (PSA) released data on Friday, April 8, showing that exports earnings grew 12...
Despite having fewer jobless Filipinos in February this year compared to the same period in 2021, Malacañang said that more needs to be done to allow everyone to return to work amid the Covid-19 pandemic. (File Photo) Communications Secretary Martin Andanar made this statement after the...
