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.
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