Ever thought about which city in the Philippines outside Metro Manila is considered the wealthiest? Well look no further than Baguio City. Residents there earn twice the average national income. In the first-ever Provincial Product Accounts (PPA) released by the Philippine Statistics Authority...
The Philippine Statistics Authority (PSA) reminded that national IDs should be accepted in financial institutions supervised by Bangko Sentral ng Pilipinas (BSFIs) even without signatures. In a statement, the PSA said that financial institutions can utilize QR codes embedded in the national IDs and...
The Philippine Statistics Authority (PSA) has cautioned that registering for the Philippine Identification System (PhilSys) and obtaining a PhilID or ePhilID does not entitle individuals to receive cash assistance. The PSA issued this clarification in response to social media posts...
The country’s trade deficit plunged to $4.22 billion in the first month of 2024 after having a contraction in the value of imports, the Philippine Statistics Authority said on Tuesday, March 12. The trade deficit narrowed by 24 percent from the $5.55 billion booked in the same month last year....
ILOILO CITY – Western Visayas, just a month after registering the lowest inflation rate in five years, recorded a 2.7 percent inflation rate, up 0.7 percent from two percent in January. FRESH fish are sold in a stall at Iloilo Fish Port in Iloilo City. (Tara Yap) Nelida Amolar, Philippine...
The number of jobless individuals was estimated at 2.15 million in January as many Filipinos, particularly women, opted to do household duties, the Philippine Statistics Authority (PSA) reported on Friday, March 8. Based on the latest labor force survey, the PSA reported that the unemployment rate...
The country’s value of agricultural exports and imports declined by 0.9 percent to $6.27 billion as it saw a lower trade deficit during the fourth quarter of 2023, data from the Philippine Statistics Authority (PSA) showed. This was lower than the $6.327 billion or 5.1 percent annual increase in...
The Philippine Statistics Authority (PSA) reported that the country's four-month streak of slowing consumer prices was disrupted by a sharp increase in rice and pork prices, causing the inflation rate to spike to 3.4 percent in February. Last month's headline inflation rate was higher than the 2.8...
The prices of agricultural commodities, notably rice, saw increases again during the last days of February, the Philippine Statistics Authority (PSA) reported. Based on the PSA price situationer, a kilogram of regular milled rice increased to P50.63 during February 15 to 17 from P50.34 during the...
Following a three-year decline, the Philippine Statistics Authority (PSA) reported a rise in adolescent pregnancies among Filipino girls in 2022. During a forum on Thursday, Feb. 29, Marizza B. Grande, Assistant National Statistician for Civil Registration Service at the PSA, said that the number...
Prices of some foods, particularly imported, are starting to increase again in February after posting declines last month as local products become the cheapest option, government data showed. The common staple well-milled rice was pegged at P56.21 per kilogram, coming from the prices of P55.42 and...
With construction costs on the rise and banks hiking interest rates for borrowers, many Filipinos have opted to completely rethink their plans for constructing new homes and business buildings. Data from the Philippine Statistics Authority (PSA) showed that the cost of construction activities in...
