Country’s rice stockpiles expanded in March compared with a year earlier, driven by the recovery in government-held reserves and steady gains in household holdings, according to the latest data from the Philippine Statistics Agency (PSA). Total rice inventory stood at 1.88 million metric tons as...
The global oil price and supply shock caused by the war in the Middle East may reverse early 2026 gains by Philippine exporters, according to think tank Oxford Economics. In a report on Monday, March 30, Oxford Economics senior economist Sheana Yue said that while Asian goods exports started 2026...
Domestic trade in the Philippines continued to grow across water and air transport systems in 2025, with an even higher volume and value now recorded through road transport, which the Philippine Statistics Authority (PSA) tracked for the first time last year. The PSA reported on Monday, March 30,...
Factory-gate prices in the Philippines rose at their fastest pace in nearly three years in February, reflecting growing cost pressures in the manufacturing sector. The Philippine Statistics Authority (PSA) reported on Friday, March 27, that the producer price index (PPI) for manufacturing...
The Philippines’ goods trade with the rest of the world grew faster in February, ahead of the conflict in the Middle East posing a threat to the country’s exports. The latest preliminary Philippine Statistics Authority (PSA) data on Friday, March 27, showed that total external trade rose 10.7...
A surge in demand for skilled workers and the yearend recovery of business activity boosted job opportunities and strengthened labor market conditions, the Department of Labor and Employment (DOLE) reported on Thursday, Jan. 8. DOLE Secretary Bienvenido Laguesma said employment gains were...
The country’s full-year inflation rate in 2025 settled at a nine-year low, even as inflation edged up to 1.8 percent in December from 1.5 percent a month earlier, driven mainly by higher prices of food and non-alcoholic beverages, the Philippine Statistics Authority (PSA) reported. National...
Truly, it’s agonizing to see, hear, and read the trail of destruction across the country—from the regions of Visayas to Luzon—left by the super typhoons Tino and Uwan. Reconstruction is expected to reach billions, if not trillions, of pesos. It’s as if we ain’t seen nothing yet, as...
Amid typhoons and adverse weather conditions, private construction activity in the country declined in August, with fewer projects approved even as total floor area and project value increased, according to the Philippine Statistics Authority (PSA). Preliminary data from the PSA, released on Oct....
Inflation rose to a six-month high of 1.7 percent in September, mainly due to more expensive fuel and higher vegetable prices following the onslaught of typhoons, the Philippine Statistics Authority (PSA) reported on Tuesday, Oct. 7. The latest PSA data showed that the country’s inflation rate...
Philippine manufacturers are already feeling the heat from global trade uncertainties, with factory output taking a hit at the start of the second half of the year, according to Moody’s Analytics. “With stiffer United States (US) tariffs on the horizon, Philippine industrial production fell for...
Despite last month’s spike in consumer prices, the steady decline in rice costs is seen to keep a lid on inflation, with the Bangko Sentral ng Pilipinas (BSP) expecting it to average below two percent this year. Inflation quickened to 1.5 percent in August from 0.9 percent in July—the slowest...