Consumer prices remained steady at 3.0 percent in February due to slower inflation for food items, but economists warned that the uptick will likely accelerate in the coming months on skyrocketing oil prices as war continues to rage in Ukraine. The Philippine Statistics Authority reported on...
Malacañang is expecting more livelihoods for Filipinos to be generated as approved foreign investments jumped in 2021 amid improving economic conditions despite the pandemic. People flock to Ilaya in Binondo, Manila to shop, with the National Capital Region enjoying the benefits of easing of...
Approved foreign investments jumped last year amid improving economic condition despite the prolonged pandemic, data from the Philippine Statistics Authority (PSA) revealed. Based on the PSA report on Tuesday, Feb. 15, total foreign investments reached P192.34 billion from January to December last...
Malacañang is optimistic that the country's employment situation will improve in the coming months as more Filipinos are expected to return to work with the easing of quarantine restrictions and the reopening of economic activities. People flock to Ilaya in Binondo, Manila to shop, with the...
Mathematicians, actuaries, and statisticians are the highest-paid occupations in the country, the latest survey by the Philippine Statistics Authority (PSA) revealed. Based the 2020 Occupational Wages Survey (OWS) released by the PSA on Wednesday, Feb. 9, these three professions in insurance,...
The Philippine factory output recovered last year with both volume and value of production posting double-digit growth versus 2020, the Philippine Statistics Authority (PSA) reported. In its Monthly Integrated Survey of Selected Industries (MISSI), the PSA reported Tuesday, Feb. 8, that the...
Consumer prices rose at a slower pace in January brought about by milder costs of household utilities as well as restaurants and accommodation services. The Philippine Statistics Authority (PSA) reported on Friday, Feb. 4., that the headline inflation went down to 3.0 percent in January 2022 from...
Trade deficit ballooned last year as Philippine purchases of goods from abroad outpaced the rise in sales of locally-made products following the further reopening of the economy from quarantine restrictions. The Philippine Statistics Authority (PSA) reported on Thursday, Jan. 27, that the...
The country’s economy grew at a much slower pace in the third-quarter last year, the Philippine Statistics Authority (PSA) announced on Wednesday, Jan. 26. In a statement, the PSA said the economy, as measured by gross domestic product (GDP), grew by 6.9 percent from July to September 2021,...
Farm sector output worsened last year after livestock production declined by double-digits, data from the Philippine Statistics Authority (PSA) showed on Wednesday, Jan. 26. PSA DATA The PSA reported that the value of the Philippines’ agricultural output shrank by 1.7 percent from January to...
COVID-19-associated deaths shoot up last year, ranking second in the Philippine Statistics Authority’s (PSA) tally of top three causes of demise in the country. The PSA reported on Monday, Jan. 17, that the total deaths registered from January to October 2021 reached 604,329. Of that number,...
The country's trade deficit widened to a new record high in November last year as Philippine purchases of goods from abroad accelerated following the further reopening of the economy from quarantine restrictions. The Philippine Statistics Authority (PSA) reported on Tuesday, Jan. 11, that the...
