Metro Manila (CNN Philippines, August 7) The local agriculture sector churned out fewer products in the second quarter as irrigation systems ran dry, the Philippine Statistics Authority (PSA) said.
Metro Manila (CNN Philippines, August 7) The local agriculture sector churned out fewer products in the second quarter as irrigation systems ran dry, the Philippine Statistics Authority (PSA) said.
Farm output declined by 1.27 percent from April-June, reversing the 0.67 growth logged in the first quarter and the 0.12 percent increase in production logged during the same period in 2018. Total value stood at 424.6 billion, 5.2 percent lower than last year.
The production drop was due to a 5.7 percent reduction in crop harvests, which accounted for nearly half of total industry output.
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