Philippine farm output recovers in Q2

Philippines says value of Q2 farm and fisheries output up 2.9% yr/yr

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 a…

Farm output rebounds in Q2 on stronger harvests

The value of the country’s agriculture and fisheries production increased by 2.9 percent in the second quarter, equivalent to more than ₱12 billion, fueled by increased productivity across all major subsectors, according to the Philippine Statistics Authority (PSA).The latest PSA data on Thursday, Aug. 6, showed that the value of agriculture and fisheries output, measured in constant 2018 prices, rose to ₱452.22 billion from April to June, up fr…

Philippine farm output recovers in Q2

MANILA, 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