The country’s rosy economic environment failed to lure more foreign investments in the third-quarter, data from the Philippine Statistics Authority (PSA) showed. The PSA reported Tuesday, Nov. 15, that the total approved foreign investments in July to September 2022 went down by 22 percent to...
Births per woman of a childbearing age in the country continued to decline this year, falling below the replacement level for the first time, the Philippine Statistics Authority (PSA) reported. Based on the preliminary results of the PSA’s 2022 National Demographic and Health Survey (NDHS),...
The government should not waste any opportunity to sustain the positive momentum of the growth of the Philippine economy, Senate Majority Leader Joel Villanueva said today. Villanueva made this statement following a Philippine Statistics Authority (PSA) report that the Philippine economy is growing...
The methodology of the Philippine Statistics Authority (PSA) in getting and giving information should be checked before it is given out, Senator Francis Tolentino said. According to Tolentino, wrong information or erroneous data leads to mistakes in the planning stages by the government on programs...
The Philippine economic growth accelerated in the third quarter this year, which coincided with the first three months of the Marcos administration, despite surging consumer prices, depreciating peso and heightened uncertainty about the global economy. In a briefing on Thursday, Nov. 10,...
The economy grew better than initially estimated in the second-quarter of the year, given the strong contributions of construction, real-estate, and manufacturing sectors. The Philippine Statistics Authority (PSA) on Wednesday, Nov. 9, slightly raised upward its April to June economic growth, or...
After successive contractions in the first six-months, farm output grew in the third-quarter of the year as production of crops, livestock, and poultry recovered, the Philippine Statistics Authority (PSA) reported. Data released by the PSA on Wednesday, Nov. 9, showed that the value of production...
Factory output sustained its positive annual growth, but at a much slower pace in September this year, the Philippine Statistics Authority (PSA) reported on Tuesday, Nov. 8. In its Monthly Integrated Survey of Selected Industries (MISSI), the PSA said the country's volume of production index (VoPI)...
The country’s unemployment rate fell to 5 percent in September this year, a new record low after the full reopening of the economy since the pandemic. The Philippine Statistics Authority (PSA) reported on Tuesday, Nov. 8, that the local labor market sustained its positive momentum with...
Imports continued to outpace the country’s exports, resulting in a much wider trade deficit in September, the Philippine Statistics Authority (PSA) reported. The PSA said on Friday, Nov. 4, that the country’s trade gap, or the difference between the value of export and import, jumped 26 percent...
The rate of increase in consumer prices accelerated further in October, hitting its fastest pace in nearly 14 years, on the back of higher food costs, the Philippine Statistics Authority (PSA) said. On Friday, Nov. 4, the PSA reported that headline inflation clocked in at 7.7 percent last month,...
The country’s palay and corn output likely increased in the third-quarter this year based on standing crops as of August, according to a report released by the Philippine Statistics Authority (PSA). Data from the PSA on Tuesday, Nov. 1 showed that the estimated production of palay and corn from...
