Tag: PSA

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1Q GDP growth holds at 5.4% after revisions

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...

Unemployment rises in June to 3.7% —PSA

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). 

Rice, utilities costs pull down July inflation to 6-year low

Inflation in the Philippines eased to its lowest level in six years in July, driven by falling prices of rice, other food items, and utilities. The headline inflation rate slowed to 0.9 percent, down from 1.4 percent in June, according to the Philippine Statistics Authority (PSA).

T-Bill yields mixed as slew of data loom

Treasury bill yields moved mostly lower at Monday’s auction, as investors braced for a raft of key economic reports that could influence future monetary policy direction.

Electronics sales fuel export surge in June, trade deficit narrows

Philippine exports soared 26 percent year-on-year in June 2025 to USD7.02 billion, driven by a sharp rise in electronic product shipments, which helped narrow the country’s trade deficit to USD3.95 billion from USD 4.34 billion a year earlier, according to data from the Philippine Statistics Authority (PSA).

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Philip Morris counts Philippines as key sourcing, manufacturing hub

Philip Morris International (PMI) is counting on the Philippines as an important sourcing and manufacturing base as it strengthens supply-chain resilience against weather disruptions, geopolitical risks and other external shocks.

FAA grounds US flights over nationwide communications failure

The Federal Aviation Administration (FAA) halted commercial flights nationwide Friday (early Saturday in Manila) after a communications failure crippled all 22 regional air traffic control centers, although it remained unclear whether the disruption was connected to an outage affecting some Microsoft services.

Philippines flirts with stagflation as growth stalls, prices surge

The Philippine economy is beginning to resemble a car running low on fuel while its engine overheats. Growth is sputtering, prices are soaring, jobs are getting harder to find, and agriculture—a major source of food and rural livelihoods—is contracting

ASEAN digital push puts MSMEs at heart of regional growth

Southeast Asia’s small businesses need stronger digital capabilities and better access to regional markets to tap more than 680 million consumers and help ASEAN achieve its ambition of becoming the world’s fourth-largest economy, ASEAN Foundation executive director Dr. Piti Srisangnam said.

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