Philippines says Q1 agricultural output up 2.1% y/y by value

May 10, 2023 - 9:37 AM
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Rice farmers
Farmers plant saplings in a rice field on the outskirts of Ahmedabad, India, July 5, 2019. (Reuters/Amit Dave/File Photo)

Philippine agricultural and fisheries production by value rose 2.1% in the first quarter of 2023 from a year earlier, the government said on Wednesday, ahead of Thursday’s GDP report.

Crops, which accounted for 57.8% of the sector’s overall output, grew 1.7%, led by paddy rice which increased 5.2%. Livestock output rose 4.1%, poultry increased 3.2%, and fisheries expanded 0.3%.

—Reporting by Enrico Dela Cruz and Neil Jerome Morales; Editing by Martin Petty