The Philippines opened 2022 with a contraction in the agricultural output, dragged mainly by the reduction in crops, livestock, and fisheries, data released by the Philippine Statistics Authority (PSA) on Wednesday showed.
The first-quarter value of production in agriculture and fisheries at constant 2018 prices shrank by 0.3%, compared with the 3.4% decline the same quarter of 2021 and the 2.6% growth in the last quarter of 2021 — the only quarter of growth for the year.
Declines were also seen in palay, corn, banana, cassava, rubber, sweet potato, tomato, and calamansi. Growth was recorded in coconut, pineapple, onion, eggplant, abaca, potato, ampalaya, mongo, cacao, and other crops. Fisheries declined by 5.8%, led by mudcrab which fell by 24.8%, followed by skipjack by 20.2%, fimbriated sardines by 13.5%, milkfish by 12.7%, and tiger prawn by 11.3%.
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