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Experts push 'effective' industrial, trade policies to boost PHL exports

Local economists said the government should develop an “effective” trade and industrial policies that would take advantage of the country’s demographic transition, among others, to boost the country’s exports. They issued the recommendation after the Philippine Statistics Authority (PSA) disclosed on Wednesday that the trade deficit in November 2023 rose… ....

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Inflation, LFPR effect: Q3 consumption slows

FILIPINOS trying their best to keep up with rising prices led to the slowest consumption growth in two years, according to local economists. On Thursday, the Philippine Statistics Authority (PSA) announced that the country’s GDP grew 5.9 percent in the third quarter. This was faster than the 4.3 percent growth… ....

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Manufacturing sheds 888,000 jobs in September—PSA

HIGH power and other input costs as well as weak demand may have forced factory closures, causing almost a million Filipino workers in the manufacturing sector to lose their sources of livelihood in September, according to local economists. On Wednesday, the Philippine Statistics Authority (PSA) reported that while the number… ....

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August inflation swells to 5.3% on price spikes

SUCCESSIVE typhoons have caused commodity prices to surge in August with vegetables like tomatoes and the country’s staple, rice, leading the charge to increase inflation to 5.3 percent, according to the Philippine Statistics Authority (PSA). The poorest Filipinos experienced an even higher rate of inflation at 5.6 percent as food… ....

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4.3% GDP growth in Q2 slowest in 2 years | Cai U. Ordinario

THE economy’s latest performance may have taken the wind off the government’s sails as GDP growth reached 4.3 percent in the second quarter, the slowest in two years. Part of the reason for the slower economic performance was the government itself, according to National Economic and Development Authority (Neda) Secretary… ....

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