The latest gross domestic product (GDP) growth rate reflects the continued commitment of the Marcos administration to propel the country’s economic expansion this year, Department of Trade and Industry (DTI) Secretary Alfredo Pascual said Friday.
“Despite several challenges in the first quarter of 2024, our economic performance underscores our enduring resilience both domestically and internationally,” Pascual said following the Philippine Statistics Authority’s release of the latest GDP report for the...
The Philippine economy grew 5.7 percent in the first quarter of 2024, according to the Philippine Statistics Authority (PSA).
This was faster than the 5.5...
The country’s trade deficit narrowed in March 2024, despite a contraction in overall international trade, the Philippine Statistics Authority (PSA) said Wednesday.
Data showed the...
Unemployment rate slightly rose to 3.9 percent in March 2024 from 3.5 percent in February, the Philippine Statistics Authority (PSA) said Wednesday.
The figure, however,...
