Tag: PSA

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Slower November inflation bolsters case for BSP rate cut

Inflation cooled to 1.5 percent in November, its slowest pace in three months, as rice and corn prices stayed down and cost pressures across several key consumer items eased, the Philippine Statistics Authority reported Friday. 

Rice stocks higher as harvest nears peak

Rice stocks in the country rose 3.8 percent year-on-year to 2.55 million metric tons as of November 1, driven largely by the National Food Authority’s aggressive inventory buildup, the Philippine Statistics Authority said.

Philippine economy expands at a slower 4% in 3Q

The Philippine economy expanded 4.0 percent in the third quarter, its slowest pace since the COVID-19 pandemic, as household and government spending were weighed down by bad weather and a high-profile corruption probe into public works projects, the Philippine Statistics Authority reported Thursday.

Unemployment up slightly in September, fewer job seekers

The country’s unemployment rate inched up to 3.8 percent in September 2025 from 3.7 percent a year earlier, equivalent to 1.96 million Filipinos without work, the Philippine Statistics Authority (PSA) reported Thursday. Despite the slight uptick, the number of jobless declined from 2.03 million in August, suggesting some improvement in hiring momentum.

Rice, poultry lift farm output in 3Q—PSA

The Philippines’ agriculture and fisheries sector posted moderate growth in the third quarter, buoyed by stronger rice and poultry production that offset declines in...

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GSIS to release P19B refunds to 1.37 million members

The Government Service Insurance System (GSIS) will distribute more than ₱19 billion to around 1.37 million members and pensioners under its Balik Ginhawa refund program.

Fuel prices to rise again despite assured supply — DOE

Fuel prices in the country are expected to increase again this week, driven by global oil market pressures linked to ongoing conflict in the Middle East.

BOC reforms ease trade, boost exporter growth

The Bureau of Customs (BOC) is rolling out reforms aimed at helping Philippine exporters navigate current challenges while positioning them for sustained long-term growth, the Export Development Council (EDC) said Sunday, April 5.

Nickel Asia unit secues P9.36B loan for Leyte solar project

A renewable energy unit of Nickel Asia Corporation has secured ₱9.36 billion in financing for a solar power project in Leyte.

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