Farm output growth misses 2018 goal
Excerpt
Farm output rebounded in the fourth quarter to post a slight expansion but was not enough to push the full-year growth to reach the government’s target, according to data the Philippine Statistics Authority (PSA) released on Wednesday. The fisheries subsector also saw its output grow by 1.93% in the fourth quarter versus the previous year’s 0.92% contraction to take a 15.68% share in total production, as all major fish species except for roundscad and yellowfin tuna recorded increases. However, it still logged a 1.13% contraction for the entire year, slightly better than 2017’s decline of 1.68%.
Citation
Ignacio, R. J. N. (2019, January 24). Farm output growth misses 2018 goal. BusinessWorld, pp. S1/1, S1/3.
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