PSA

Cost of producing palay rose 7% to P14.52 per kilo
PSA: domestic rice output grew in Q2

Drop in rice prices keeps lid on inflation

Local manufacturers’ pricing power dips
PH trade deficit narrowed in May
Poll: Inflation slowed in May
Import contraction cut PH trade deficit in April
PH delivered 5.4% economic growth in Q1      
Factory output still in the red in March
PH agri output rebounds, ends 3 quarters of decline