Philippine imports grew by 29.2 percent from a year ago in April 2016, due to double-digit growth in purchases of capital goods, raw materials and intermediate goods, and consumer goods, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that Philippine imports grew to US$6.5 billion in April 2016 continue reading : Imports growth in April 2016 shows strong business, consumer confidence
Statement of Socioeconomic Planning Secretary Emmanuel Esguerra on the 2016 Q1 Performance of the Philippine Economy
STATEMENT EMMANUEL F. ESGUERRA Socioeconomic Planning Secretary NEDA Director-General Press Conference on the 2016 Q1 Performance of the Philippine Economy Destiny Function Room, Elements at Eton Centris Building, EDSA, Quezon City 19 May 2016, 10:00 AM Ladies and gentlemen, members of the media, colleagues in government, good morning. The 6.9-percent growth in the first quarter continue reading : Statement of Socioeconomic Planning Secretary Emmanuel Esguerra on the 2016 Q1 Performance of the Philippine Economy
NEDA urges tapping of new destinations, products to overcome exports decline
The Philippines needs to look at non-traditional export destinations and products to widen its market base as the weak global economy continues to pull down the country’s merchandise exports, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that total export earnings declined by 15.1 percent in March 2016. continue reading : NEDA urges tapping of new destinations, products to overcome exports decline
Manufacturing sector posts strong growth in Q1 despite March 2016 slowdown
The manufacturing sector’s output recorded a strong growth in the first quarter of the year despite the slow pace posted in March 2016, according to the National Economic and Development Authority (NEDA). In the Philippine Statistics Authority’s Monthly Integrated Survey of Selected Industries for March 2016, the Volume of Production Index (VoPI) grew by 7.8 continue reading : Manufacturing sector posts strong growth in Q1 despite March 2016 slowdown
Inflation remains stable in April 2016
Inflation in April 2016 stayed the same at 1.1 percent as in the previous month, according to the National Economic and Development Authority (NEDA). “Price movements for major commodity groups remained unchanged, while the slight price increases in some commodities were offset by downward price adjustments in others,” said Socioeconomic Planning Secretary Emmanuel F. Esguerra. continue reading : Inflation remains stable in April 2016
Strong domestic demand drives imports growth in February 2016
Higher purchases of capital and consumer goods pushed imports to grow by 1.2 percent in February 2016, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority (PSA) reported today that total payments for imported goods rose to US$5.41 billion in February 2016 from US$5.35 billion in the same period last year. continue reading : Strong domestic demand drives imports growth in February 2016
Weak global demand pulls down exports anew in February 2016
Global economic slowdown continued to strain Philippine merchandise exports which declined by 4.5 percent in February 2016, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that total export earnings reached US$4.3 billion in February 2016, from US$ 4.5 billion in the same month last year, due to decline continue reading : Weak global demand pulls down exports anew in February 2016
Statement of Socioeconomic Planning Secretary Emmanuel F. Esguerra on the status of the Roadmap to Address the Impact of El Niño (RAIN)
The Technical Working Group on the Roadmap to Address the Impact of El Nino or RAIN has just had its 5th meeting this morning and we would like to share with you highlights of the agencies’ reports on the implementation status of the action plan of the government’s El Niño Task Force. In retrospect, the continue reading : Statement of Socioeconomic Planning Secretary Emmanuel F. Esguerra on the status of the Roadmap to Address the Impact of El Niño (RAIN)
Inflation inches up but remains low and stable in March 2016
Prices of rice, vegetables continue to decline despite El Niño
Inflation inched up to 1.1 percent in March 2016 from 0.9 percent in February due to slight increases in food and oil prices, according to the National Economic and Development Authority (NEDA). Inflation in food items went up slightly to 1.6 percent in March 2016 from 1.5 percent in the previous month. This is due continue reading : Inflation inches up but remains low and stable in March 2016
Prices of rice, vegetables continue to decline despite El Niño
STATEMENT OF SECRETARY EMMANUEL ESGUERRA AT THE PRESS CONFERENCE ON THE 2015 1ST SEMESTER OFFICIAL POVERTY STATISTICS
STATEMENT Secretary of Socioeconomic Planning Emmanuel F. Esguerra Press Conference on the 2015 First Semester Official Poverty Statistics (As delivered by NEDA Deputy Director-General Rosemarie G. Edillon) 18 March 2016, 10:00 AM Elements at Centris, Quezon City Members of the media, my colleagues in government, ladies and gentlemen, good morning. As reported by the Philippine continue reading : STATEMENT OF SECRETARY EMMANUEL ESGUERRA AT THE PRESS CONFERENCE ON THE 2015 1ST SEMESTER OFFICIAL POVERTY STATISTICS
PH exports decline by 3.9 percent in January 2016
Philippine exports fell by 3.9 percent in January 2016, with lower earnings from all major commodity groups, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that merchandise exports fell to US$4.2 billion in January 2016 from US$4.4 billion recorded in the same month last year. “The year 2016 continue reading : PH exports decline by 3.9 percent in January 2016
Manufacturing sector marks strong growth in January 2016
Growth in the manufacturing sector started strong in 2016 as production of chemical products and food manufactures expanded in January, according to the National Economic and Development Authority (NEDA). In the Philippine Statistics Authority’s Monthly Integrated Survey of Selected Industries for January 2016, the Volume of Production Index (VoPI) grew by 34.3 percent, nearly seven continue reading : Manufacturing sector marks strong growth in January 2016
KEYNOTE SPEECH OF SECRETARY ESGUERRA AT THE 27TH ANNUAL CONVENTION OF THE LEAGUE OF LOCAL PLANNING AND DEVELOPMENT COORDINATORS OF THE PHILIPPINES, INC. (LLPDCPI)
KEYNOTE ADDRESS SECRETARY EMMANUEL F. ESGUERRA Socioeconomic Planning Secretary and NEDA Director-General 27th ANNUAL CONVENTION OF THE LEAGUE OF LOCAL PLANNING AND DEVELOPMENT COORDINATORS OF THE PHILIPPINES, INC. (LLPDCPI) “The Role of Development Planners in Good Governance” Holiday Inn, Clark, Pampanga 8 March 2016, 9:00 AM Mr. Roberto Dizon, National President of the LLPDCPI; continue reading : KEYNOTE SPEECH OF SECRETARY ESGUERRA AT THE 27TH ANNUAL CONVENTION OF THE LEAGUE OF LOCAL PLANNING AND DEVELOPMENT COORDINATORS OF THE PHILIPPINES, INC. (LLPDCPI)
Manufacturing sector continues to grow in December 2015
The manufacturing sector continued to grow in December 2015 as construction activity picks up and oil prices still drop, according to the National Economic and Development Authority (NEDA). In the Philippine Statistics Authority’s Monthly Integrated Survey of Selected Industries for December 2015, the Volume of Production Index (VoPI) grew by 4.9 percent, a steady push continue reading : Manufacturing sector continues to grow in December 2015
Lower food, non-food prices pull down inflation in January 2016
Slower price adjustments in both food and non-food items pulled down inflation to 1.3 percent in January 2016 from 1.5 percent in the previous month, according to the National Economic and Development Authority (NEDA). Inflation for the food subgroup slowed down as prices of fish, fruits, vegetables, milk, cheese, and eggs became stable. “Good weather continue reading : Lower food, non-food prices pull down inflation in January 2016
