Tag: PSA
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Record Q2 palay harvest masks looming El Niño risks
Philippine palay production surged to a record second-quarter high, giving the government a timely boost in its bid to stabilize rice prices, although an expected weather-induced slowdown later this year underscores the fragile nature of the gains.
Inflation, weak growth test BSP’s next policy move
Sluggish economic growth and stubborn inflation are expected to keep the Bangko Sentral ng Pilipinas (BSP) in a policy bind later in August, as fresh data are likely to show the economy remained soft in the second quarter while price pressures persisted.
Philippine building permits fall for second straight month
Construction activity lost momentum in May as fewer projects secured permits, signaling a softer pipeline for the property and infrastructure sector despite resilient spending on residential developments.
Philippines strengthens FDI data to attract more investments
The Philippine government is strengthening its foreign direct investment (FDI) reporting system by linking key government databases, a move aimed at giving policymakers a clearer picture of investment flows while boosting transparency and investor confidence.
Jobless rate rise in May, underemployment rate eases
The Philippines' unemployment rate climbed to 4.8 percent in May, the highest in a year, as fewer Filipinos found work despite a modest month-on-month increase in employment, underscoring persistent cracks in the labor market.
