Lancang-Mekong Comprehensive Information Platform for Agriculture,Economy and Trade, Technology!
Lancang-Mekong Comprehensive Information Platform for Agriculture,Economy and Trade, Technology
Philippines Q4 agricultural output value rises 0.7% year/year
Release Time: 2024-02-14Source: philstar

The Philippines’ agricultural and fisheries production by value rose 0.7% in the fourth quarter from a year earlier, government data showed on Jan. 30, 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.

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