Tag: PSA
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Domestic trade volume plunges as fuel costs surge
The Philippines’ domestic trade volume plunged 38 percent year on year to 10.57 million tons in the second quarter of 2026, as higher logistics costs amid the Middle East conflict likely weighed on commodity movements.
Foreign investments surge 68% in 2Q—PSA data
Foreign investments approved in the Philippines surged 68.2 percent year-on-year to P115.20 billion in the second quarter of 2026, signaling stronger overseas interest in the economy even as the job-creation outlook remained less impressive.
Jobless rate rises in June as labor market shows mixed signals
The Philippines' unemployment rate rose to 4.9 percent in June from 4.8 percent in May, as the number of jobless Filipinos climbed to 2.59 million, underscoring the uneven pace of labor market recovery despite an increase in overall employment.
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.
