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Philippines Q1 agriculture sector output contracts 0.3% y/y

May 11, 2022By Reuters

  • The Philippines’ overall agricultural output contracted at annual pace of 0.3% by value in January-March, government data on Wednesday showed.

  • Crops output, which accounted for 58% of the sector’s overall production in the first quarter, fell 1.6% as paddy rice harvest decreased by 1.9%.

  • Livestock output shrank 1%, as hog production – hit by an African swine fever outbreak – decreased by 1.2%.

  • Fisheries output fell 5.8% but poultry production expanded 12.3%

  • The government is scheduled to release overall economic output data for the same period at around 0200 GMT on Thursday

(Reporting by Enrico Dela Cruz
Editing by Ed Davies)


This article originally appeared on reuters.com

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