Philippines farm and fisheries output falls 5.0% on year in third quarter

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A farmer dries rice on the side of a road during a hot day in Candaba, Pampanga, Philippines, April 30, 2024. (Reuters/Eloisa Lopez)

— The Philippines‘ agricultural and fisheries output fell 5.0% year-on-year by value in the third quarter to P389.42 billion ($6.18 billion), the statistics agency said on Friday.

Crop output, which accounted for half of total farm production, contracted 9.3% on the year in terms of value to 197.71 billion pesos.

($1 = 62.9640 Philippine pesos)

—Reporting by Mikhail Flores; Editing by Martin Petty





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