ILOILO CITY – The inflation rate in Western Visayas has dropped for the fifth consecutive month. A report released by the Philippine Statistics Authority (PSA-6) said the inflation rate went down by one percent to 5.8 percent in July from 6.8 percent in June. A WOMAN passes by stalls selling...
Unemployment rate declined to 4.8 percent in February, but getting a secure work remains a challenge for many Filipinos as the number of job seekers increased, the Philippine Statistics Authority (PSA) reported. Based on the PSA Labor Force Survey covering February 2023, the country’s jobless rate...
The pace of consumer price increases slowed for the second consecutive month in March, an encouraging sign in the government’s effort to tame the most pressing issue hounding the Marcos administration. Data from the Philippine Statistics Authority (PSA) released Wednesday, April 5, showed that the...
The country’s trade deficit widened hitting a five-month high in January this year after exports fell sharply, data from the Philippine Statistics Authority (PSA) showed. The PSA said on Tuesday, March 14, that the country’s trade gap, or the difference between the value of export and import,...
CALASIAO, Pangasinan – Better late than never. A 99-year-old woman, Estepania N. Descalzo, also known as “Lola Panyang,” from Aguilar, this province, recently received her birth certificate from the Philippine Statistics Authority (PSA), 99 years after she was born in 1923. ESTEPANIA N....
Of approximately two million OFWs deployed to different countries, more than half are women—here’s a bittersweet story from one of them By: Jelica R. Enriquez I was excited to come home. These were my first thoughts when I boarded the plane on my return flight to Manila. The thrill of traveling...
The Philippine Statistics Authority (PSA) said the implementation of the national identification system has achieved its goals of onboarding unbanked Filipinos while providing a valid proof of identity that can be used to transact with the government and private sector. PSA Undersecretary Dennis...
The Philippine Statistics Authority (PSA) reported that committed foreign investments last year went up 25 percent as the local economy reopened after the prolonged pandemic. Data from the PSA showed Thursday, Feb. 16, that the total approved foreign investments reached P241.89 billion in January...
On the heels of the disappointing news that the inflation rate had risen even higher to 8.7 percent in January – beyond the Bangko Sentral ng Pilipinas’ forecast range of 7.5 to 8.3 percent, and the government’s target range of two to four percent – there was a vital piece of good news on...
Factory output slowed in December due to weak manufacturing of transport equipment, computer, electronic, optical products and basic metals, the Philippine Statistics Authority (PSA) reported. In the Monthly Integrated Survey of Selected Industries (MISSI) released on Thursday, Feb. 9, the...
The country's unemployment rate dropped to 4.3 percent in December 2022 as against 6.6 percent in December 2021, but the full-year unemployment rate remained below its pre-pandemic average, data from the Philippine Statistics Authority (PSA) showed. Based on the PSA report on Wednesday, Feb. 8, the...
Increase in consumer prices further accelerated in January, defying all expectations that it had peaked last December, as food prices remained elevated coupled with costlier utilities and housing rentals, the Philippine Statistics (PSA) reported. Headline inflation accelerated further to 8.7...