Local farm output declined in the second quarter of the year due to a prolonged dry spell caused by El Niño, data from the Philippine Statistics Authority (PSA) showed. The PSA reported that the value of the country's agricultural production totaled P413.91 billion from April to June, a 3.3...
The Philippine Statistics Authority (PSA) announced an upward revision of first-quarter economic growth from 5.7 percent to 5.8 percent. According to the PSA, key factors contributing to the revision included: Financial and insurance activities, which increased from 10.0 percent to 10.3 percent;...
The number of unemployed Filipinos decreased by 30 percent to 1.62 million in June from 2.33 million in the same month last year. According to the Philippine Statistics Authority (PSA), the number of jobless individuals in June also decreased from 2.11 million in May 2024. This decline led to...
The Philippine Statistics Authority (PSA) reported that the country’s trade deficit widened in June this year as exports declined faster than imports. The balance of trade in goods in the country recorded a deficit of $4.3 billion in June, higher by 9.3 percent than the $3.9 billion deficit in...
Consumer prices surged by 4.4 percent in July, surpassing the government's target for the first time this year due to a faster increase in utilities, food, and transportation costs. According to the Philippine Statistics Authority (PSA), the country’s headline inflation rate last month...
Factory gate prices posted an annual decrease of 0.1 percent in June this year, the Philippine Statistics Authority (PSA) reported Tuesday, July 30. This was a reversal of the 0.5 percent growth in the producer price index (PPI) recorded in the same month a year earlier and a slightly faster...
ILOILO CITY — The Philippine Statistics Authority (PSA) is projecting that the economy of Western Visayas is poised to lose P379 billion once Negros Occidental and its capital city of Bacolod separates from the region. A TRUCK carrying sugarcane in Silay City, Negros Occidental province....
The Philippine Statistics Authority (PSA) reported an improvement in the country's poverty incidence last year, in line with the government's goal of reducing it to single digits by 2028. Based on the preliminary findings of the 2023 Family Income and Expenditure Survey (FIES), the poverty...
Registered individuals are allowed to save a copy or screenshot of their national identification cards on their phones to present in establishments, according to the Philippine Statistics Authority (PSA). In a Facebook post, the PSA said that national ID-registered citizens may obtain and generate...
By TARA YAP ILOILO CITY – The inflation rate in Western Visayas region jumped to 4.9 percent last June. A VENDOR at the La Paz Market in Iloilo City. The Philippine Statistics Authority reported that the inflation rate in Western Visayas went up to 4.9 percent in June. (Tara Yap)...
The Philippine Statistics Authority (PSA) has identified the Local Civil Registry Office of Sta. Cruz, Davao del Sur as responsible for the issuance of nearly 200 fraudulent birth certificates, primarily to Chinese nationals. After conducting a verification process, National Statistician and Civil...
The country’s trade deficit widened in May after a measly decline in imports and exports, data from the Philippine Statistics Authority (PSA) showed Wednesday, July 10. The trade deficit, or the difference between the value of exports and imports, reached $4.60 billion in the fifth month of 2024,...
