Philippines Q1 agricultural output declines 0.3%

Livestock output declined 1% y/y, poultry expanded 12.3%
calendar icon 11 May 2022
clock icon 1 minute read

The Philippines' overall agricultural output contracted at annual pace of 0.3% by value in January-March, Reuters reported, citing government data on Wednesday.

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, Reuters said. 

Source: Reuters

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