The seasonally adjusted VaPI for total manufacturing in August 2023 further accelerated at a monthly rate of 2.9 percent from the 2.8 percent monthly rate observed in July 2023.

The country’s unemployment rate dropped to 4.4 percent in August 2023 from 5.3 percent in the same month last year. In the previous month, the unemployment rate was posted at 4.8 percent. I

At the national level, the month-on-month growth rate of the seasonally adjusted Consumer Price Index (CPI) for all items accelerated to 1.2 percent in September 2023 from a 1.1 percent increase in August 2023.

The country’s overall water use efficiency (WUE) in 2022 was PhP 211.04 per cubic meter of water used, which increased by 5.5 percent from PhP 200.09 per cubic meter in 2021. WUE represents the value added per volume of water used (in cubic meter).…

The year-on-year growth rate of GWPI at the national level went up to 5.0 percent in August 2023 from 4.5 percent in July 2023. Its annual change in August 2022 was recorded at 7.6 percent.

The 2021 Annual Survey of Philippine Business and Industry (ASPBI) final results showed that a total of 9,564 establishments in the formal sector of the economy were engaged in other service activities.

RICE

The Philippines’ headline inflation or overall inflation increased further to 6.1 percent in September 2023 from 5.3 percent in August 2023.

The country’s inflation rate for the bottom 30% income households increased further to 6.9 percent in September 2023 from 5.6 percent in August 2023.

The Benchmark 2018 SUT can be accessed through the PSA website at https://psa.gov.ph/statistics/supply-and-use-input-output