Release Date :
Reference Number :
2018-061
Total Gross Revenue Index grew by
Real Estate posted the fastest growth with 11.0 percent . This was followed by Private Services with 10.6 percent ; and Finance with 10.2 percent .
Total Employment Index grew by 1.6 percent with all industries posting growth during the period. Real Estate posted 2.9 percent growth, followed by Transportation and Communication with 2.6 percent ; Manufacturing with 2.2 percent ; Electricity and Water with 1.6 percent ; Mining and Quarrying with 0.7 percent ; Private Services with 0.7 percent ; Finance with 0.5 percent ; and Trade with 0.2 percent .
Total Compensation Index expanded by 5.8 percent from the same period last year. Industries contributing to the growth were Manufacturing with 9.5 percent ; Transportation and Communication with 7.7 percent ; Real Estate with 6.4 percent ; Finance with 4.3 percent ; Trade with 4.3 percent ; Mining and Quarrying with 4.2 percent ; and Private Services with 3.7 percent . On the other hand, Electricity and Water contracted by 1.8 percent .
Total Compensation per Employee Index grew by 4.1 percent . This growth was led by Manufacturing with 7.2 percent , Transportation and Communication with 4.9 percent , and Trade with 4.0 percent . Meanwhile, Electricity and Water declined by 3.3 percent .
This report is based on the April 2018 issue of the Quarterly Economic Indices (QEI) of the Philippines. For the technical notes, please refer to http://psa.gov.ph/qei-press-releases/technotes.
LISA GRACE S. BERSALES, Ph.D.
Undersecretary
National Statistician and Civil Registrar General