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Agriculture production seen to rebound from H1 slump |
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August 16, 2010 Philippine farm production in the second half of the year is expected to expand 3.8% from the same period a year earlier, allowing the sector – which accounts for one-fifth of gross domestic product – to at least "break even" for the year, the Department of Agriculture's chief statistician said Monday.
First-half farm output declined 2.59% due to the effects of El Niño-induced drought on crops including rice and corn that account for nearly 45% of total farm output. Read more here. Read more here.
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