ILOILO CITY – The inflation rate in Western Visayas dropped 1.2 percent from 6.6 percent in September to 5.4 percent in October, the Philippine Statistics Authority (PSA)-6 said. VENDORS sell fruits and vegetables at the Iloilo Provincial Capitol grounds. (Tara Yap) “The downtrend in the...
The production rate of goods in the country's factories posted a significant increase in September after several industries reported more output, the Philippines Statistics Authority (PSA) said. Based on the preliminary findings of the Monthly Integrated Survey of Selected Industries (MISSI) by the...
The country’s economy surged in the third-quarter on the back of higher consumer spending, the Philippine Statistics Authority (PSA) reported on Thursday, Nov. 9. The economy, as measured by the gross domestic product (GDP), grew by 5.9 percent in July to September this year, stronger compared to...
The Philippines’ trade deficit plunged in August to $4.13 billion as total external trade decreased, the Philippine Statistics Authority said on Tuesday, Oct. 10. The trade deficit in August narrowed by 34 percent from the $6.3 billion booked in the same month last year. It is also lower compared...
Farm output declined in the third quarter due to weak performance in crops and fisheries, the Philippine Statistics Authority (PSA) reported. The latest data from the PSA revealed that the value of production in agriculture and fisheries, adjusted for constant 2018 prices, decreased by 0.3 percent...
The number of unemployed Filipinos inched up in September while labor force participation declined, the Philippine Statistics Authority (PSA) reported. Based on the latest Labor Force Survey, the unemployment rate rose to 4.5 percent or 2.26 million, up from 4.4 percent in August or 2.21 million...
The Philippine Statistics Authority (PSA) reported that the country’s the trade deficit narrowed in September as imports declined at a faster pace than exports. The balance of trade in goods in the country recorded a deficit of $3.511 billion in September, lower than the $4.131 billion gap...
Filipino consumers finally received some relief from the persistent price increases they had been facing since the start of the year, as the government's report highlighted a significant slowdown in the inflation of food prices. The latest inflation report released by the Philippine...
The country registered a slowdown in consumer price inflation in October, but the persistent struggle with high living costs remains a pressing concern for many Filipino consumers. The Philippine Statistics Authority (PSA) reported on Tuesday, Nov. 7, that the inflation rate eased to 4.9 percent,...
The Philippine Statistics Authority (PSA) has gone on boats to reach far-flung communities in its final leg of national identification card registration this year. PSA has launched an initiative called "PhilSys On Boat,” where officers of Philippine Identification System (PhilSys) will reach...
The pace of price increases at retail stores in Metro Manila slowed in September, the Philippine Statistics Authority (PSA) reported. Prices in the National Capital Region (NCR), as measured by the general retail price index (GRPI), increased by 3.6 percent year-on-year, down from 3.9 percent in...
The manufacturing producer price index (PPI) went down in September mainly due to the shrinking number of computer and electronic products that were produced, the Philippine Statistics Authority (PSA) reported. The PSA said that the PPI for manufacturing declined by 0.2 percent in September from...
