THE country posted its slowest agriculture production growth in over two decades, according to the Philippine Statistics Authority (PSA). Based on PSA data, agriculture growth contracted 1.7 percent in 2021, the lowest since 2001 under the 2018-based data. The PSA has only rebased data to 2018 only until 2001. Prior…
DEATHS caused by malnutrition increased by almost 40 percent in the January to October 2021 period, the highest on record, according to latest data from the Philippine Statistics Authority (PSA). Data showed 4,844 Filipinos died of malnutrition in January to October last year compared to 3,514 in the same period…
What if the year could be defined by just one economic indicator? Wouldn’t that be something? But, as it turned out, it can’t. A woman waits with her brother during a lunchbreak during a nationwide vaccination drive at a school in Navotas on Wednesday, December 1, 2021. There has been…
The government eases alert levels ahead of the holiday season rush, but analysts see muted spending, with higher oil prices continuing to fuel inflation, and jobless numbers still high while wages are low.
THE triple-digit growth of the country’s manufacturing sector will allow the economy to post robust growth in the third quarter, according to a local think tank. In its latest Market Call report, First Metro Investment Corp.-University of Asia and the Pacific (FMIC-UA&P) Capital Market Research said, however, that growth may…