The Philippine Statistics Authority (PSA) reported a substantial increase in factory production in July, driven by gains in electronics, transportation, and food sectors. Preliminary results from the PSA’s Monthly Integrated Survey of Selected Industries (MISSI) revealed that the Volume of...
The country's unemployment rate declined in July compared to the same period last year, but the number of jobless Filipinos increased during the month. Data from the Philippine Statistics Authority (PSA) revealed that the unemployment rate was 4.7 percent in July, down from 4.9 percent in the...
The Philippine Statistics Authority (PSA) reported that the government’s decision to lower rice import tariffs is starting to affect consumer prices. In a briefing, National Statistician and PSA Undersecretary Claire Dennis S. Mapa said the tariff reduction significantly contributed to the...
Consumer price growth in the country slowed to a seven-month low in August, primarily due to easing food and transport costs, the Philippine Statistics Authority (PSA) reported. National Statistician and PSA Undersecretary Claire Dennis S. Mapa said that headline inflation plummeted to 3.3 percent...
The trade deficit in agricultural goods expanded in the second quarter, driven by higher imports than exports, the Philippine Statistics Authority (PSA) reported. Agricultural trade deficit grew by 13.8 percent to $3.074 billion from April to June 2024, compared to $2.702 billion in the same period...
Retail price growth for general goods in Metro Manila posted a slight uptick in July this year, the Philippine Statistics Authority (PSA) reported. Preliminary PSA data revealed that the general retail price index (GRPI) for the National Capital Region (NCR) settled at 1.9 percent...
The controversy surrounding Bangko Sentral ng Pilipinas' (BSP) decision to terminate its contract with its current card supplier for the issuance of the National IDs has now caught the eye of the Senate, with a probe looming on the horizon. It has crossed Senate Minority Leader Aquilino "Koko"...
The Philippine Statistics Authority (PSA) reported on Friday, Aug. 30, that factory gate prices declined at a much faster pace in July this year. The PSA said in a report that growth in the producer price index (PPI) for manufacturing declined by 0.4 percent in July from a 0.2 percent decrease...
The Philippine Statistics Authority (PSA) said it is taking necessary measures to ensure the uninterrupted issuance of National IDs following the Bangko Sentral ng Pilipinas' (BSP) decision to terminate its contract with the current card supplier. In a statement on Thursday, Aug. 29, PSA...
The Philippine Statistics Authority (PSA) has warned the public regarding online scams circulating on social media that falsely promise a cash assistance of P5,000 to National ID holders. In an advisory, the PSA said that these fraudulent social media posts are not associated with the agency...
The Philippine Statistics Authority (PSA) has welcomed the Bangko Sentral ng Pilipinas (BSP) directive mandating the acceptance of the digital national ID and the utilization of national ID authentication services in financial transactions. PSA Undersecretary Claire Dennis S. Mapa said the central...
The value of traded goods in the country dipped while the volume also decreased in the second quarter of the year, the Philippine Statistics Authority (PSA) reported. Data from the PSA showed that the value of goods traded from April to June 2024 posted a double-digit drop of 14.9 percent to...
