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Tag: June 2023

PH unemployment rate in June ‘23 slightly lower than last year—PSA

THE country’s unemployment rate in June 2023 declined to 4.5 percent from 6 percent a year ago as the number of unemployed individuals went...

Jobless rate in the Philippines eased to 4.5% in June 2023

The unemployment rate in the Philippines declined to 4.5 percent in June 2023 from 6 percent a year ago, but slightly increased from 4.3...

Philippine exports rose 0.8%, imports slid 15.2% in June

The Philippines incurred a slimmer trade deficit of $3.92 billion in June 2023 compared to $5.88 billion a year ago, as exports rose 0.8...

PSA reported decline in June food production

Elevated inflation and interest rates triggered a slowdown in food production in June 2023.  “The still relatively higher inflation and higher interest rates led to...

Philippine gross international reserves fall below $100 billion

The Philippines gross international reserves dropped to a four-month low of $99.4 billion as of end-June 2023 from $100.6 billion in the previous month...

June inflation fell to 5.4%

Inflation in June 2023 fell to a more than one-year low of 5.4 percent from 6.1 percent in May, pulled down by slower increases...

Manufacturing growth eased in June

The Philippines' purchasing managers index, a gauge of the strength of the manufacturing and service sectors, declined to 50.9 in June from 52.2 in...
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