The Philippine Statistics Authority (PSA) reports that the value of the country’s agricultural and fisheries production rebounds in the second quarter after an early-year slowdown. In April to June, production grows 2.9% year-on-year to P452.22 billion, according to the PSA. The increase comes from stronger output across several subsectors, including crops, livestock, poultry, and fisheries. Crops make up the largest share of total agriculture and fisheries production, accounting for 55% of the total. Crop production value rises 1.6% year-on-year to P248.9 billion. The PSA also attributes the overall improvement to gains in livestock and other areas, with multiple sources noting that livestock value increases during the quarter. Overall, the data indicate recovery in agricultural output during the Apr-Jun period compared with the same quarter in the previous year. The PSA’s figures are presented as the monetary value of production, reflecting changes in output performance by sector rather than volume alone.
Philippine agriculture and fisheries output rises 2.9% in Q2
The Philippine Statistics Authority (PSA) reports that the value of the country’s agricultural and fisheries production rebounds in the second quarter after an early-year slowdown. In April to June, p...
- The PSA says agricultural and fisheries production value increases 2.9% year-on-year in Q2 to P452.22 billion.
- Crops account for 55% of total agriculture and fisheries production in the quarter.
- Crop output value rises 1.6% year-on-year to P248.9 billion.
- The overall Q2 gain is attributed to improved production across crops, livestock, poultry and fisheries.
- The increase follows an early-year slowdown, with output rebounding in April to June.
MANILA — The Philippines’ farm and fisheries production grew 2.9% by value in the second quarter from a year earlier to P452.22 billion ($7.4 billion), the statistics agency said on Thursday. Crop output, which accounted for 55% of total production, rose 1.6% from a year earlier, the Philippine Statistics Authority said. ($1 = 60.7860 Philippine pesos) —Reporting […] The post Philippines says value of Q2 farm and fisheries output up 2.9% yr/yr appeared first on Interaksyon.
1 hour agoMANILA, Philippines — Philippine agricultural output rebounded in the second quarter after an early-year slowdown, growing by 2.9 percent to P452.22 billion as production increased across crops, livestock, poultry and fisheries, the Philippine Statistics Authority (PSA) said. In a report on Thursday, the PSA said the value of agriculture and fisheries production rose to P452.22 billion […]...Keep on reading: PH agri output recovered in Apr-Jun
6 hours agoMANILA, Philippines — Agricultural output bounced back in the second quarter after an early-year dip, growing by 2.9 percent to P452.22 billion on stronger crop, poultry, livestock and fisheries production, the Philippine Statistics Authority (PSA) said. In a report on Thursday, the PSA said that the production value of crops increased by 1.6 percent year-on-year to P248.9 billion, accounting for 55 percent of total agriculture and fisheries production. READ: PH agricultural output likely grew in Q2 Palay and corn output likewise grew 5.7 percent and 0.8 percent, respectively. Livestock value reached P61.83 billion in the second quarter, up 3.6 percent and contributing […]...Keep on reading: Philippine farm output recovers in Q2
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