Philippines Q1 agricultural output declines 0.3%
Livestock output declined 1% y/y, poultry expanded 12.3%
11 May 2022
1 minute read
By: 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.
