Farm output declines 1.11% in Q4 2016 due to typhoons

MANILA -- The agriculture sector contracted by 1.11 percent in the fourth quarter of 2016 due to devastation brought about by typhoons, bringing the 2016 growth at negative 1.25 percent.

The Philippine Statistics Authority (PSA) on Friday said the destructive effects of typhoons "Karen" and "Lawin" pulled down production in the crops and fisheries subsectors.

The crops subsector, contributing 50.98 percent to the total agricultural production, posted a 2.62-percent decline in output in October to December quarter.

Palay and corn production contracted by 3.62 percent and 0.15 percent, respectively.

Output in the fisheries subsector also declined by 2.95 percent in the fourth quarter of 2016. It shared 16.14 percent to the total agricultural output.

The PSA said the livestock and poultry subsectors, however, posted output increments during the period.

The livestock subsector, accounting for 17.85 percent of the total agricultural output, expanded by 3.41 percent. All components of the subsector posted output increments.

The poultry subsector produced 1 percent more output. It shared 15.03 percent in the total agricultural output during the period. (PNA)

Source: Philippines News Agency