Ekonomiya ng Pilipinas, nagtala ng 5.7% na paglago sa unang bahagi ng taon ayon sa PSA

Transcript

00:00The Philippine economy grew in the first quarter of 2024.

00:06According to the Philippine Statistics Authority,

00:09the country's gross domestic product grew by 5.7% in the first quarter of the year.

00:17Among those who contributed to the growth of the economy,

00:20the financial and insurance activities grew by 10%.

00:25Wholesale and retail trade and repair of motor vehicles and motorcycles grew by 6.4%.

00:32Manufacturing grew by 4.5%.

00:36According to the Philippine Statistics Authority,

00:38all major economic sectors in the country grew in the first quarter of the year,

00:43including agriculture, forestry, and fishing.

00:47Industry services and services sector.

00:51According to the National Economic and Development Authority,

00:55the mitigation efforts of the government helped reduce the effects of El Niño in the first quarter of the year.