AGRICULTURAL OUTPUT expanded by an annual 5.7% in the second quarter — the fastest pace in eight years — as better weather conditions enabled high-value crops such as rice and corn to post double-digit growth, the Philippine Statistics Authority (PSA) said on Wednesday.
Data from the PSA showed the value of production in agriculture and fisheries at constant 2018 prices increased by 5.7% to P437.53 billion in the April-to-June period, faster than the 2% growth in the first quarter.
This was a reversal of the 3.2% contraction in the second quarter of 2024 when the agriculture sector was affected by drought and dry spells caused by the El Niño weather phenomenon.
This was also the fastest growth in agricultural output since 6.4% in the second quarter of 2017.
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