The FAO Food Price Index rose by 1.6 percent in July to an average of 130.1 points, driven primarily by surging global prices of meat and vegetable oils, according to the Food and Agriculture Organization (FAO). Despite the monthly increase, the index remains 18.8 percent below its record high in March 2022, but 7.6 percent higher than in July 2024.
Agriculture Secretary Francisco P. Tiu Laurel Jr. on Friday inspected over a dozen container vans at the Port of Manila, carrying frozen fish identified by President Ferdinand R. Marcos Jr. for potential donation to communities affected by recent tropical cyclones and other natural disasters.
The Philippine economy expanded by 5.5 percent year-on-year in the second quarter of 2025, the Philippine Statistics Authority reported, reflecting sustained domestic activity across sectors.
Revisions to the first-quarter gross domestic product (GDP) kept economic growth steady at 5.4 percent, the Philippine Statistics Authority (PSA) said.
Data for second-quarter GDP...
The Philippines’ unemployment rate in June rose to 3.7 percent, up from 3.1 percent a year earlier, according to the latest Labor Force Survey released Wednesday by the Philippine Statistics Authority (PSA).