Thursday 20 September 2018
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1 months ago

Decline of crop output slows Q2 growth of agri sector

The country s agricultural sector reported a modest growth in the second quarter of the year at 0.07 percent, mainly due to a decline in the output of the crops sub-sector, which is the biggest contributor to its total production. A report released by the Philippine Statistics Authority (PSA) showed farm output growth slowed from the 1.47 percent logged in the first quarter as well as the 6.18 percent seen in the same period last year. This is below the 2.5 to 3.5 percent annual growth r

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