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Tag: Philippine Statistics Authority

More than 10m Filipinos have low literacy—PSA survey

About 10.4 million Filipinos suffer from illiteracy and low literacy, according to the latest survey by the Philippine Statistics Authority (PSA). The 2024 Functional Literacy,...

Philippine inflation fell to 5-year low of 1.8% in March 2025

Inflation rate in the Philippines eased to a five-year low of 1.8 percent in March from 2.1 percent in February, the statistics agency (PSA)...

PSA upgrades 2024 economic growth to 5.7%

The Philippine Statistics Authority (PSA) said Thursday it upgraded the gross domestic product (GDP) growth to 5.7 percent from an initial estimate of 5.6...

Apparel exports rebounded with 18% growth to $52.51m in January

The latest data from the Philippine Statistics Authority and the Department of Trade and Industry’s Tradeline Philippines reveal a varied performance across key wearable...

IPs, fisher folks among poorest sectors in 2023

Poverty incidence was highest among Indigenous Peoples, fisherfolk and farmers in 2023, the Philippine Statistics Authority (PSA) said based on poverty data for 11...

PH trade deficit exceeds $54b on higher imports

The country’s trade deficit surpassed $54 billion in 2024, as merchandise imports slightly rose and exports tumbled, data from the Philippine Statistics Authority (PSA)...

Building constructions remained weak in January

Building constructions declined in January 2025 from a year ago, but grew in terms of value and size, data from the Philippine Statistics Authority...

PH creative economy expanded 8.7% in 2024

The Philippines’ creative economy expanded by 8.7 percent to P1.94 trillion in 2024 from P1.78 trillion in 2023, preliminary data from the Philippine Statistics...

Factory output picked up 3.2% in January—PSA

Factory output rose faster in January 2025 on higher food and equipment production, the Philippine Statistics Authority (PSA) said Friday. The volume of production index...

Jan. job losses, underemployment up

The country’s unemployment rate rose in January due to the seasonal drop in employment after the holiday season, coupled with the impact of a...

February inflation falls to 2.1% amid easing in rice prices

Headline inflation sharply fell to 2.1 percent in February 2025, down from 2.9 percent in the previous month and 3.4 percent in February last...

Inflation seen staying below 3% in February

The Bangko Sentral ng Pilipinas (BSP) expects the February 2025 inflation to settle between 2.2 percent and 3 percent. “Upward price pressures for the month...

January trade deficit hit $5b as imports, exports rose

The Philippines’ trade deficit widened to $5.1 billion in January 2025 from $4.4 billion a year earlier, as both imports and exports grew. The Philippine...

PH agricultural trade expanded 17.3 % in fourth quarter, driven by exports

The Philippines’ total agricultural trade reached $7.36 billion in the fourth quarter of 2024, marking a 17.3 percent increase from the same period in...
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