The country’s inflation rate slowed to 1.5 percent in November, easing from 1.7 percent in October and 2.5 percent in the same month last year, largely due to lower food prices, the Philippine Statistics Authority (PSA) reported on Friday, Dec. 5. Headline inflation averaged 1.6 percent during...
Philippine economic expansion slowed sharply to four percent in the third quarter of 2025, as floods, corruption scandals, and weather disruptions heavily weighed on growth. Data from the Philippine Statistics Authority (PSA) on Friday, Nov. 7, showed that the third-quarter gross domestic product...
The Philippine Statistics Authority (PSA) reported that the country’s ocean-based industries have reached a new milestone, with their economic value surpassing ₱1 trillion last year. According to the PSA, ocean economy grew 4.7 percent in January to December 2025 to ₱1.01 trillion from...
The Philippine Statistics Authority (PSA) is making it easier for Filipinos to request and obtain civil documents like birth, marriage, and death certificates, as well as CENOMAR (Certificate of No Marriage) and CENODEATH (Certificate of No Death). The PSA has introduced two new services,...
Unemployment in the country has risen sharply in July, driven by a series of typhoons that severely impacted key sectors and forced many out of work, according to the Philippine Statistics Authority (PSA) The Philippine unemployment rate rose to 5.3 percent in July 2025, from 4.7 percent in July...
The rate of increase in consumer prices has accelerated last month due to jump in food prices, with recent weather events heavily impacting the cost of vegetables, the Philippine Statistics Authority (PSA) reported on Friday, Sept. 5. Headline inflation accelerated to 1.5 percent in August 2025,...
As Filipinos evolve alongside technology, the marketplace tradition once reserved for the hustle and bustle of wet markets is finding new life in the digital realm. The art of “tawad” or haggling is seen growing in the world of online shopping, yet its brushstroke still paints the same...
Despite the downward adjustment of estimated growth in utilities, financial services, and information and communication technology (ICT), economic expansion in the first three months of 2025 remained unchanged at 5.4 percent. Based on the adjustments made to the preliminary economic data for the...
Private-sector economists expect the Philippine economy to have expanded at a faster pace in the second quarter, compared to the first three months, driven by robust household consumption during the midterm election period, even amid external headwinds. The consensus growth forecast stands at 5.6...
Despite an expected onslaught of typhoons in the third quarter, the Philippine Statistics Authority (PSA) anticipates that consumer prices, particularly for rice, will continue to decline, but weather disturbances are expected to drive up vegetable costs. “Certain items, such as vegetables, are...
While consumer price increases rose slightly in June to 1.4 percent from May 's five-and-a-half-year low of 1.3 percent, a substantial drop in rice prices to their lowest in three decades since 1995 helped temper the overall inflation, according to the Philippine Statistics Authority (PSA)....
The country’s unemployment and underemployment rates marginally increased in April this year, according to data released by the Philippine Statistics Authority (PSA) on Friday, June 6. According to the latest Labor Force Survey, the national unemployment rate increased to 4.1 percent in April, up...
