Tag: Philippine Statistics Authority

PSA: Inflation hits 6.7 percent in September

By Meanne Corvera Eagle News Service Inflation surged to 6.7 percent in September, the Philippine Statistics Authority said on Friday, Oct. 5. In August, the inflation rate was pegged at 6.4 percent. National Statistician Lisa Grace Bersales noted, however, that month-on-month inflation was at 0.8 percent, slower than the 0.9 percent in August. Month-on-month inflation refers to the increase in consumer prices.

Arroyo: Gov’t “doing what it can” to address inflation in the country

(Eagle News) — Speaker Gloria Macapagal-Arroyo on Wednesday, Sept. 5, said the government was “doing what it can” to address inflation in the country. Arroyo, who is also an economist, made the statement following the Philippine Statistics Authority’s report inflation had accelerated to 6.4 percent in August. “I’m sure the government is taking steps to address the situation. When I called them up today, they were meeting so I’m sure that they’re looking at it,” […]

PSA reports decline in PHL unemployment rate in July

(Eagle News) — The Philippine Statistics Authority on Wednesday, Sept. 5, reported a 5.4 percent unemployment rate in July. This was a 0.2 percent decrease from the unemployment rate in July 2017, based on records from the PSA. According to the PSA, the regions with the lowest employment rates were Ilocos Region (93.5%), Central Luzon (93.7%), CALABARZON (93.7%), Bicol Region (93.7%), and the National Capital Region (NCR) (93.9%). The PSA pegged labor force participation rate in July […]

National ID system sisimulan nang ipatupad ngayong buwan

(Eagle News) — Magiging epektibo na ang pagpapatupad ng Philippine Identification o PhilSys ID system sa Agosto 25. Ito ang inihayag ng Philippine Statistics Authority (PSA) makaraang lagdaan na ito ni Pangulong Rodrigo Duterte bilang isang batas noong Agosto 9. Paliwanag ni Lisa Grace Bersales, national statistician, nakasaad sa naturang batas na magiging epektibo ang nasabing batas 15 araw matapos itong mailathala sa mga pahayagan. Nasa isang milyong ID ang unang ipalalabas ng PSA kung […]

Inflation peaks to 5.7 percent in July

(Eagle News) – Inflation rate in July rose to an even higher rate of 5.7 percent compared to June’s 5.2 percent, indicating that prices of goods and services continued to rise, according to the Philippine Statistics Authority. “The country’s headline inflation rate continued to move at a faster pace of 5.7 percent in July 2018,” the PSA’s latest report released today, Tuesday, August 7, said. This is the highest recorded in five years, based on […]

P750 nationwide minimum wage, walang negatibong epekto sa employers – IBON research group

(Eagle News) — Kaya umano ng mga kumpanya, malaki man o maliit, na ibigay ang panukalang 750 pesos na nationwide minimum wage increase. Ito’y bagamat sinabi ng Employers Confederation of the Philippines (ECOP) na imposible ang hirit na dagdag-sahod. Ayon sa IBON Foundation, milyung-milyong piso ang kinikita kada taon ng mga kumpanya kung pagbabatayan ang pag-aaral ng Philippine Statistics Authority noong 2015 annual survey ng Philippine business and industry. Lumabas sa naturang pag-aaral na mahigit […]

House ratifies bicameral conference panel report on national ID system

(Eagle News) — The House of Representatives on Wednesday, May 30, ratified the bicameral conference committee report on the Philippine Identification System. The ratification of the measure that aims to establish a national ID system came a day after the Senate ratified the same. The reconciled version will now be sent to President Rodrigo Duterte for his signature. The Palace has said the President would sign the measure as soon as it reaches his desk. […]

PSA: PHL economy posts 6.8 percent growth in first quarter of 2018

PSA says growth “faster” than growth recorded in Q1 of 2017 (Eagle News) — The Philippine economy posted a 6.8 percent growth in the first quarter of 2018, the Philippine Statistics Authority announced on Thursday, May 10. According to the PSA, this was “faster” than the 6.4 percent growth recorded in the same quarter of 2017. The PSA said other services and trade were the “main drivers of growth for the quarter.” “Among the major economic […]

Nograles urges start of implementation of national ID system next year

(Eagle News) — Davao City Rep. Karlo Nograles urged the Philippine Statistics Authority (PSA) to start the implementation of the national identification system next year. Nograles,  chair of the House committee on appropriations, said that the agency could tap into the P2-billion budget allocated for the national ID system from the current P3.767-trillion appropriation. He said this was even if the bicameral conference committee still had to reconcile the Senate and House of Representatives versions […]

PSA: PHL economy posts 6.6 percent growth in fourth quarter of 2017

(Eagle News) — The Philippine economy posted a growth of 6.6 percent in the fourth quarter of 2017, the Philippine Statistics Authority reported on Tuesday. In a press conference, National Statistician Lisa Grace S. Bersales said that the gross domestic product was driven primarily by the industry sector, which posted a growth of 7.3 percent in October to December. With the 6.6 percent growth in the fourth quarter of last year, the Philippine economy posted a […]

PHL’s total trade grows 10.4% in October

The Philippine Statistics Authority (PSA) reported on Tuesday that the country’s total trade grew by 10.4 percent in October 2017 from 4.6 percent in the previous month after exports recorded its 11th consecutive month of positive growth. The PSA, an attached agency of the National Economic and Development Authority (NEDA), said exports increased by 6.6 percent to US$5.37 billion — while imports posted a double-digit growth of 13.1 percent to US$8.21 billion. Socio-economic planning secretary […]

PSA: Unemployment rate, bahagyang tumaas nitong Oktubre

MANILA, Philippines (Eagle News) — Bahagyang tumaas ang unemployment rate ng bansa nitong Oktubre 2017 kumpara sa kaparehong panahon noong 2016. Ayon sa Philippine Statistics Authority, tinatayang nasa 5.0 percent ang unemployed na mga Pilipino. Bahagya itong tumaas kumpara sa 4.7 percent na naitala sa kaparehong panahon noong nakaraang taon. Katumbas ito ng 2.2 million Filipinos at 2 million naman noong nakaraang taon. https://youtu.be/Gu5t07J_4CA