Tag: PSA
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Jobs market holds steady in April despite soft spots; jobless rate 4.1%
The Philippine labor market held its ground in April, even as early signs of strain emerged beneath the surface. Unemployment inched up slightly to 4.1 percent, from 4.0 percent a year earlier, yet the economy still managed to add more jobs and keep employment rates above 95 percent—a level considered healthy by most standards.
Inflation eases again, now below BSP target
The country's annual inflation rate dipped slightly to 1.3 percent in May, down from 1.4 percent in April, according to data released by the Philippine Statistics Authority. While the decline is modest, it marks a continued deceleration in price increases, indicating a slower pace of inflationary momentum.
Rice stocks rise amid NFA palay procurement gains
National rice stocks at the start of May were estimated at 2.37 million metric tons, marking a 14 percent increase compared to the same period last year. This growth was primarily driven by the aggressive palay procurement efforts of the National Food Authority (NFA).
Heart disease still top killer in Philippines
Ischaemic heart diseases remained the leading cause of death in the Philippines from January to November 2024, according to new data released by the Philippine Statistics Authority.
Chicken, tilapia output rise in 1Q; pork, fish dip
Seasonal patterns boosted chicken and tilapia production in the first quarter but weighed on output of hogs, bangus, and galunggong, according to the Philippine Statistics Authority (PSA).
