Tag: PSA

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Philippine agriculture expands 1.9% in 1Q

Philippine agriculture started the economy on a stronger footing in the first quarter, growing 1.9 percent, with better weather conditions and intensified government interventions helping the sector recover from a full-year contraction in 2024.

Trade deficit widens to USD4.13B in March

The Philippine trade deficit widened further to USD4.13 billion in March, as export growth failed to keep pace with the double digit expansion in imports, the Philippine Statistics Authority said Wednesday.

Easing rice prices may slow inflation in April

Inflation in the Philippines could ease further in April, following a drop to 1.8 percent in March—the slowest pace since May 2020—if rice prices continue to decline in the latter half of the month.

PSA revises GDP growth for 2024

The Philippine Statistics Authority (PSA) has revised estimates for the country’s economic performance, covering both 2023 and 2024, with updates on quarterly and annual figures by industry and expenditure. 

Filipino women making strides in workforce, leadership

Filipino women are increasingly asserting themselves in the workforce and playing a more prominent role in shaping the nation’s future, according to the latest data from the Philippine Statistics Authority (PSA).

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AmCham backs pork imports, seeks review of MAV rules

The American Chamber of Commerce of the Philippines (AmCham) has thrown its support behind the government's efforts to boost pork supply and curb rising food costs, while urging authorities to suspend and reassess newly issued import allocation guidelines that it says could disrupt established supply chains.

BOI Keeps Investment Lead Despite First-Quarter Slump 

The Board of Investments (BOI) retained its position as the country's top investment promotion agency in the first quarter of 2026, accounting for nearly half of all approved investments despite a sharp decline from the record levels posted a year earlier.

Malacanang not involved in Davao garbage collection suspension; order issued regionally after fatal trash slide 

The Department of Environment and Natural Resources (DENR) Region XI on Friday firmly dismissed false reports claiming President Ferdinand R. Marcos Jr. ordered the suspension of garbage collection in Davao City. Officials clarified the measure was a purely regional decision, with no input or direction from the President.

BSP likely to tighten policy by 50 bps despite May inflation easing, amid persistent price risks

While headline inflation slowed to 6.8 percent in May from 7.2 percent in April, core inflation—which strips out volatile items—picked up to 4.1 percent from 3.9 percent, a key signal that underlying price pressures are strengthening, the Bank of the Philippine Islands (BPI) said on Friday.

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