Trade deficit accelerated last July as country’s purchases of goods from abroad continued to outpace the rise in sales of locally-made products, the Philippine Statistics Authority (PSA) reported. The PSA said on Friday, Sept. 9, that the country’s trade gap, or the difference between the value...
Factory output grew at a much faster pace in July due to strong production of manufacture of fabricated metal products, except machinery and equipment, the Philippine Statistics Authority (PSA) reported Thursday, Sep. 8. In its Monthly Integrated Survey of Selected Industries (MISSI), the PSA said...
The number of jobless Filipinos in July eased to its lowest since the onset of the Covid-19 pandemic, but the quality of jobs in the country deteriorated as underemployment climbed during the month. Based on the Philippine Statistics Authority’s (PSA) preliminary labor force survey results, there...
More than two million Filipinos were pushed into poverty in the last three years, which the National Economic and Development (NEDA) blamed to the effects of the prolonged Covid-19 pandemic on the economy and employment that brought to 19.99 million total number of poor Filipinos in the country....
(PHILIPPINE STATISTICS AUTHORITY / WEBSITE) The Philippine Statistics Authority (PSA) has launched the PSA e-Verification Mobile App to enable the public to validate the displayed information against the printed security paper (SECPA). In a statement on Wednesday, Aug. 10, the PSA said that the...
Trade deficit accelerated last June as country’s purchases of goods from abroad outpaced the rise in sales of locally-made products, but the National Economic and Development (NEDA) just shrugged off the widening trade gap. The Philippine Statistics Authority (PSA) said Tuesday, Aug. 9, that the...
The Philippine economy slowed in the second-quarter amid soaring consumer prices that weakened demand from both businesses and households, the government reported on Tuesday, Aug. 9. Based on the Philippine Statistics Authority (PSA) data, the country’s economy, as measured by the gross domestic...
The country’s agriculture output shrank in the second-quarter, but the contraction moved at a much slower pace compared with the previous year, the Philippine Statistics Authority (PSA) said. The PSA reported on Monday, Aug. 8, that the value of production of the local farm sector, which accounts...
The number of unemployed Filipinos inched up in June as job seekers joining the labor force increased, but the unemployment rate was steady at 6 percent, data from the Philippine Statistics Authority (PSA) showed on Monday, Aug. 8. Based on the June 2022 round of PSA’s Labor Force Survey, there...
Growth in consumer prices soared further in July to 6.4 percent from 6.1 percent in June, bringing year to date inflation to 4.7 percent, as supply limitations in the domestic market squeezed food costs, the Philippine Statistics Authority (PSA) reported Friday, Aug. 5. Headline inflation, which...
Factory output grew at a much faster pace in May due to strong production of machinery and equipment, the Philippine Statistics Authority (PSA) reported Thursday, July 7. In its Monthly Integrated Survey of Selected Industries (MISSI), the PSA said the country's volume of production index (VoPI)...
The number of unemployed Filipinos climbed in May as there were not enough jobs for the growing working-age population entering the labor market, data from the Philippine Statistics Authority (PSA) showed on Thursday, July 7. Based on the PSA’s May 2022 Labor Force Survey, the country’s...
