Consumer price hikes dropped sharply to 2.1 percent in February, marking the lowest rate in five months, according to the Philippine Statistics Authority (PSA). Data from the PSA on Wednesday, March 5, revealed headline inflation slowed significantly from the 2.9 percent rate in January. It...
Factory gate prices rose at a faster pace at the start of 2025, driven by a relatively sharper increase in chemical product prices, the Philippine Statistics Authority (PSA) reported. Preliminary data from the PSA revealed that the producer price index (PPI), which reflects the year-on-year...
Amid a Trump-led global trade war looming on the horizon, the Philippines sourced more products from China while it exported more goods to the United States at the start of 2025. Preliminary Philippine Statistics Authority (PSA) data on Friday, Feb. 28, showed that the value of the Philippines'...
The country’s total agricultural trade reached $7.36 billion during the fourth quarter of 2024, posting a year-on-year growth of 17.3 percent amid higher imports, according to the latest report of the Philippine Statistics Authority (PSA). This is an impressive turnaround from the same period in...
Global investors appeared to have lost their appetite for the Philippines, as total foreign investments significantly declined by 38.87 percent last year, sharply contrasting with the substantial investments in 2023. Data from the Philippine Statistics Authority (PSA) revealed that foreign...
To bolster public trust, the Philippine Statistics Authority (PSA) should spearhead the development of a clear and reliable nationwide data management system, ensuring accuracy and consistency. In a policy note on artificial intelligence (AI) released Friday, Feb. 7, the National Economic and...
ILOILO CITY – The inflation rate in Western Visayas went up in January, the Philippine Statistics Authority-6 said. Nida Amolar, PSA-6 officer-in-charge and chief statistical specialist, said the inflation rate was up 0.2 percent to 3.6 percent in January from 3.4 percent in December....
Philippine manufacturing output grew at a slower pace last year, hampered by several production declines, according to the Philippine Statistics Authority (PSA). While the manufacturing sector saw growth in the second and third quarters of 2024, significant contractions in March (-4.9 percent),...
With about 50 million Filipinos with jobs in 2024, the country recorded its highest employment rate in 20 years, according to the Philippine Statistics Authority (PSA). Of the working population, 96.2 percent landed a job in 2024, a share higher than 2023’s 95.6 percent. This is the highest jobs...
Expensive tomatoes and pork pushed the rate of increase in prices of basic goods and services to 2.9 percent in January, the Philippine Statistics Authority (PSA) reported on Wednesday, Jan. 5. Last month's headline inflation matched the same rate as December 2024 but inched up from 2.8 percent in...
The economy maintained its growth momentum in the fourth quarter of 2024, but the full-year expansion fell short of the government's targets, the Philippine Statistics Authority (PSA) reported. The country’s economy, as measured by the gross domestic product (GDP), grew by 5.2 percent from...
The Philippine Statistics Authority (PSA) should exhaust all means at helping Filipinos who are not yet registered in the civil registry acquire their birth certificates. Sen. Sherwin Gatchalian said at the very least, the PSA should adopt a proactive, community-based approach in...
