Value of Agriculture and Fisheries Production
The seasonally adjusted value of production in agriculture and fisheries posted a quarter-on-quarter decline of 0.5 percent in the first quarter of 2024. This was attributed to the contractions in the value of crops and livestock production. (Table 2a)
Value of Crop Production
For crops, the seasonally adjusted value of production registered a quarter-on-quarter contraction of 0.8 percent. The major contributors to the decline were sugarcane, banana, and tobacco. (Tables 2a and 2b)
Value of Livestock Production
The seasonally adjusted value of livestock production posted a quarter-on-quarter reduction of 1.8 percent. Hog was the top contributor to the contraction in the value of production during the first three months of 2024. (Tables 2a and 2c)
Value of Poultry Production
The deseasonalized value of poultry production recorded a quarter-on-quarter growth of 0.5 percent in the first quarter of 2024. The value of chicken production was the main contributor to the quarter-on-quarter growth. (Tables 2a and 2c)
Value of Fisheries Production
On a quarter-on-quarter basis, the seasonally adjusted value of fisheries production grew by 1.2 percent in the first quarter of 2024. The leading contributors to the quarter-on-quarter growth were tilapia, tiger prawn (sugpo), and skipjack (gulyasan). (Tables 2a and 2d)
CLAIRE DENNIS S. MAPA, PhD
Undersecretary
National Statistician and Civil Registrar General
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