Tuesday, 24 June 2025
3 days ago
Tourism adds ₱2.35 trillion to PH economy, accounts for 8.9% of 2024 GDP
Tourism contributed 8.9 percent to the Philippines' gross domestic product (GDP) in 2024, according to the latest Tourism Satellite Account compiled by the Philippine Statistics Authority (PSA).
7 days ago
QUICK LOOK | Palay output seen to rise 13.4%, corn 26.7% in Q2
The Philippines is on track to post stronger palay and corn outputs in the second quarter of 2025, with government estimates based on standing crops as of May 1 showing significant improvements in both production volume and harvest areas compared to the same period last year.
6 Jun 2025
10:15AM
PH job growth slows as manufacturing sheds 410,000; work hours drop
Filipinos are working fewer hours despite job growth, raising fresh concerns about underemployment.
8 Apr 2025
12:18PM
QUICK LOOK: February jobless rate eases from January, but remains above year-ago level
The unemployment rate in the Philippines declined to 3.8 percent in February 2025, easing from 4.3 percent in January, but edging up from 3.5 percent in February 2024, according to the Philippine Statistics Authority’s Labor Force Survey.
5 Mar 2025
9:38AM
QUICK LOOK: PH inflation drops to 2.1% in Feb amid lower food, transport costs
The deceleration was primarily influenced by a lower rise in food and non-alcoholic beverages (2.6 percent from 3.8 percent) and declining transport costs (-0.2 percent from +1.1 percent).
6 Feb 2025
10:09AM
QUICK LOOK: December unemployment rate holds at 3.1%; jobless Filipinos slightly up y-o-y
The Philippine unemployment rate was steady at 3.1 percent in December 2024, unchanged from the previous year and slightly lower than November’s 3.2 percent.
30 Jan 2025
4:36PM
Philippine 2024 GDP growth misses target due to weather, global challenges
The Philippine economy grew by 5.6 percent in 2024, slightly exceeding the 5.5 percent growth in 2023, but crucially missing the government’s 6-6.5 percent target, according to National Economic and Development Authority Undersecretary Rosemarie Edillon.
8 Jan 2025
10:13AM
QUICK LOOK: November unemployment rate declines to 3.2%, jobless count down to 1.66 million
Philippine unemployment rate declined to 3.2 percent in November 2024 from 3.9 percent in October, with the number of jobless Filipinos down to 1.66 million from 1.97 million in the previous month, the Philippine Statistics Authority reported on Wednesday, Jan. 8, 2025.
7 Jan 2025
9:39AM
QUICK LOOK: PH Dec. inflation rose to 2.9%, full-year 2024 average down to 3.2%
Key drivers for the higher December 2024 inflation rate were rising costs in housing, utilities, and transport, according to the Philippine Statistics Authority.
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