Farm output fails to hit gov't target

Date

January 23, 2020

Author

VMPG

Metadata

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Classification code

BW20200123_S1/1

Excerpt

Philippine agriculture output grew less than a percent in 2019, failing to meet the government’s target as the African Swine Fever (ASF) outbreak dragged the livestock sector. The Philippine Statistics Authority (PSA) reported on Wednesday that agriculture output, which contributes about a tenth to gross domestic product (GDP) and a fourth of the country’s jobs, inched up by 0.4% in the fourth quarter, compared to the upward-revised year-ago growth at 1.9%, and the third quarter’s growth of 2.85%. Fisheries production grew by 3.4% in the October to December period, bringing the full-year figure to 1.9%.

Citation

Farm output fails to hit gov't target. (2020, January 23). BusinessWorld, pp. S1//1, S1/5/