MANILA — The Philippines’ agricultural and fisheries production by value rose 0.7% in the fourth quarter from a year earlier, government data showed on Tuesday, a day ahead of the release of gross domestic product figures.
The incremental growth was driven by crops, livestock and poultry as fisheries posted a decline in value of production, the Philippine Statistics Agency said.
Crop production, which accounted for more than half of total farm output, grew marginally at 0.1% year-on-year. Poultry production expanded 7.8% annually, accounting for more than a tenth of output.
Fisheries production, however, declined by 5.2% in the last three months of 2023.
— Reporting by Mikhail Flores; Editing by Martin Petty
