Favorable Weather Quickens Agricultural Output Growth to 5.7% in Second Quarter- Philippines
The value of the country’s agriculture and fisheries output grew by 5.7 percent in the second quarter of the year as crops and poultry production expanded due to favorable weather conditions—a development that augurs well for economic growth.
Data from the Philippine Statistics Authority (PSA) on Wednesday, Aug. 6, showed that the value of agriculture and fisheries production, at constant 2018 prices, reached ₱437.53 billion from April to June. The government will report on the second-quarter gross domestic product (GDP) performance—which includes...
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