Farm output target in doubt after flat 3 quarters
Excerpt
The Department of Agriculture’s (DA) target of 2.5% growth in farm output this year is unlikely to be achieved, an economist said. According to Philippine Statistics Authority (PSA) data, the agriculture sector grew 0.15% year-on-year in the first nine months of 2018. The PSA reported that the agriculture sector contracted by 0.83% in the third quarter, including a decline in the crops and fisheries subsectors of 3.64% and 2.64% respectively.
Citation
Ignacio, R. J. N. (2018, December 27). Farm output target in doubt after flat 3 quarters. BusinessWorld, p. S1/4.
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