The Philippine Statistics Authority (PSA) reported that the upward trend in agricultural commodity prices, including crops and fish, continued to lose momentum in the third quarter. The PSA said in a report that the annual producer price index (PPI) for agriculture dropped to 7.9 percent from 12...
The rate of prices of goods sold to wholesalers remained the same in October, the Philippine Statistics Authority reported Thursday, Dec. 14. According to the PSA data, the general wholesale price index (GWPI) during the month remained at 4.4 percent. This was lower than the 7.6 percent recorded in...
Although still at single-digit growth, local retailers expect full recovery this year as cooling inflation is driving consumption. Rosemarie B. Ong, president of the Philippine Retailers Association (PRA), told reporters at the Outstanding Filipino Retailers (OFR) Awards 2023 “Tibay Gabi ng...
President Ferdinand "Bongbong" Marcos Jr. said that despite the Philippines posting a 7.6-percent annual growth rate in 2022, there were still a lot of things to do to ensure the steady recovery of the country's economy from the Covid-19 pandemic and other external factors. President Ferdinand...
House Speaker Martin Romualdez has credited the country’s higher-than-expected full-year gross domestic product (GDP) growth rate in 2022 to President Ferdinand "Bongbong" Marcos Jr.'s leadership and decision-making. House Speaker Martin Romualdez (Speaker’s office) “Under the able leadership...
An economist-congressman believes that "the best is yet to come" in terms of the economy after the Philippines exceeded expectations with its full year gross domestic product (GDP) growth rate. Albay 2nd district Rep. Joey Salceda (Facebook) “The 2022 full year GDP growth rate of 7.6 percent,...
(OCTA RESEARCH FELLOW DR. GUIDO DAVID / TWITTER) The OCTA Research Group has observed that the seven-day Covid-19 growth rate in Metro Manila has decreased to -1 percent as of Aug. 14, which could be the beginning of a downtrend in infections in the central region. In an update shared on Twitter on...
Gabriela Women’s Partylist, on Saturday, May 14, slammed a report on the apparent 8.3 percent growth of the Philippine gross domestic product (GDP) in the first quarter of 2022. (Gabriela Women's Partylist / Facebook) An increasing GDP indicates that a country’s economy is growing. However,...
The entire Philippines is now classified as "high-risk" for the coronavirus disease (COVID-19) based on the Inter-Agency Task Force for the Management of Emerging Infectious Diseases's (IATF) own metrics. (Ali Vicoy/ File photo/ MANILA BULLETIN) "While we welcome the new year with optimism, the...
