The Philippine Gross Domestic Product (GDP) posted a growth of 11.8 percent in the second quarter of 2021. This was the highest since the fourth quarter of 1988 which posted a growth of 12.0 percent. The main contributors to the growth, with their…

The first quarter 2021 Gross Domestic Product (GDP) growth rate was revised upward at -3.9 percent from the preliminary estimate of -4.2 percent. Major contributors to the revision were Professional and business services, from -6.5 percent to -4.4…

In the second quarter of 2021, the value of agricultural production at constant 2018 prices decreased by -1.5 percent. This was attributed to the decline in livestock and fisheries production. Meanwhile, production increments were noted for crops…

The Value of Production Index (VaPI) for manufacturing further grew in June 2021 with an annual rate of 439.6 percent, from its previous month’s three-digit annual increase of 248.1 percent. The year-on-year growth rate in June 2021 was the third…

The country’s total external trade in goods in June 2021, which amounted to USD 15.84 billion, grew at an annual rate of 26.8 percent. In the previous month, the annual increase was recorded at 44.8 percent, while in June 2020, the decline was -16.4…

The Labor Turnover Survey (LTS) is conducted semi-annually by the Philippine Statistics Authority (PSA) to generate data on labor turnover including accession and separation rates and job vacancies as useful indicators of labor demand and general…

The country’s inflation for the bottom 30% income households increased to 4.4 percent in July 2021, from 4.3 percent in June 2021. In July 2020, it was posted at 2.9 percent. The year-to-date inflation for this income group of consumers at the…

The headline inflation at the national level decelerated further to 4.0 percent in July 2021, from 4.1 percent in June 2021.

The Philippine Statistics Authority (PSA) granted clearance to the conduct of the Value Chain Analysis of Pili (Canarium ovatum Engl.) Product Cycle: A Complete Enumeration (Farmers, Growers, Traders, and Processors) by the Sorsogon State University…

At the national level, the seasonally adjusted CPI for all items went up to 0.4 percent in July 2021, from 0.1 percent in June 2021. Faster pace of month-on-month increments were posted in the deseasonalized CPI of food and non-alcoholic beverages,…