The output of fish products declined by 6.2 percent to 1.02 million metric tons during the second quarter of the year from 1.08 metric tons last year, based on data from the Philippine Statistics Authority (PSA). “Decrease in production was noted from marine municipal fisheries, inland municipal...
The Philippine Gross Domestic Product (GDP) posted a year-on-year growth of 6.3 percent in the second quarter of 2024, compared to the 5.8 percent growth in the first quarter, according to the Philippine Statistics Authority (PSA). The PSA reports further that this is the highest growth rate posted...
ILOILO CITY – The inflation rate in Western Visayas dropped to 4.8 percent in July, the Philippine Statistics Authority-6 said on Friday, August 9. THE La Paz Market in Iloilo City is abuzz with commercial activity. (Tara Yap) ida Amolar, PSA-6 officer-in-charge and chief statistical specialist,...
The Philippine Statistics Authority (PSA) announced on Thursday, Aug. 8, that the country's economy increased by 6.3 percent in the second quarter of the year. The nation's gross domestic product (GDP) recorded strong growth, outpacing the 5.8 percent expansion seen in the first quarter of 2024 and...
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...
The proliferation of fraudulently-issued government documents could negatively impact Philippine-issued passports in the international community, Senator Alan Peter Cayetano warned on Monday, August 5. Cayetano pointed this out as he questioned the reliability of the country’s...
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....
