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BusinessWorld E-paper

May 12, 2022

THE COUNTRY’S overall agricultural output shrank by an annual 0.3% by value in the first quarter, due to a decline in fisheries, livestock and crop production, government data showed.

In a report released on Wednesday, the Philippine Statistics Authority (PSA) said the value of agricultural production at constant 2018 prices dipped by 0.3%, a slight improvement from the 3.4% contraction seen in the first quarter of 2021.

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