Employees in the accommodation and food service sector received higher wages as the economy bounced back from the Covid-19 pandemic, the Philippine Statistics Authority (PSA) reported. In the 2021 Annual Survey of Philippine Business and Industry (ASPBI), data showed that an average annual...
Factory gate prices increased at a much slower pace in August this year, the Philippine Statistics Authority (PSA) reported on Friday, Sept. 29. The PSA said in a report that growth in the producer price index for manufacturing increased by 0.5 percent in August from 7.4 percent in the same month...
The Philippine Statistics Authority (PSA) said the national identity card can now be used to access various financial services in the country. National Statistician Dennis S. Mapa said registered individuals can present their Philippine national identity cards (PhilID) when transacting at...
The growth of the country's trade deficit for agricultural goods slowed in the second quarter as exports plunged, outweighing a decline in imports, the Philippine Statistics Authority (PSA) reported. In a report, the PSA said the total balance of trade in agricultural goods, or the difference...
Output of the country’s rice paddy may decline in the third quarter of the year, the Philippine Statistics Authority (PSA) estimated. Based on the latest PSA report, production of palay is now estimated at 3.788 million metric tons from July to September, down from an earlier projection of 3.876...
The growth in wholesale construction materials in Metro Manila remained stable in August, the Philippine Statistics Authority (PSA) reported. Based on the Construction Materials Wholesale Price Index (CMWPI) in the National Capital Region (NCR) report, PSA said the index remained at 5.7 percent in...
The Philippine crop and fish productions contracted in the quarter ending June, albeit at a slower pace than recorded in the previous year. The country’s crop and fish outputs declined by 0.9 percent and 11.3 percent, respectively, in the second quarter of 2023, data from the Philippine...
An estimated 2.27 million Filipinos found themselves without employment in July, the Philippine Statistics Authority (PSA) reported. In a briefing on Friday, Sept. 8, National Statistician Dennis Mapa said the preliminary results of the PSA’s Labor Force Survey showed that the number of jobless...
The country’s trade deficit narrowed in July after both exports and imports contracted by double-digits, data from the Philippine Statistics Authority (PSA) showed Friday, Sept. 8. The trade deficit, or the difference between the value of export and import, narrowed by 30 percent to $4.20 billion...
There was a significant growth in birth and marriage rates registered last year while death rates were reduced, according to the Philippine Statistics Authority (PSA). From January to December 2022, the number of registered births reached over 1.38 million. This was higher by 1.3 percent than the...
The Philippine Statistics Authority (PSA) reported a substantial rise in the production rate of goods in the country's factories in July propelled by a significant increase in beverage output. Preliminary results of the PSA’s Monthly Integrated Survey of Selected Industries (MISSI) showed the...
The Philippine Statistics Authority (PSA) reported that the prices of goods sold to wholesalers increased at a much faster pace in July due to higher costs of food inputs. According to the PSA data, the General Wholesale Price Index (GWPI) in the country rose to 4.5 percent in July from 4.0 percent...
