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P erformance of the P hilippine E conomy

P erformance of the P hilippine E conomy. First Quarter 2013. by JOSE RAMON G. ALBERT Secretary General. 30 May 2013. Economic Performance (Growth rates, in percent). 6.5. 7.8. 5.7. 7.1. 1.9. 3.2. Seasonal Adjustment (Growth rates, in percent). 1.5. 1.7. 1.9. 1.8. 1.3. 1.8.

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P erformance of the P hilippine E conomy

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  1. Performance of the Philippine Economy First Quarter 2013 by JOSE RAMON G. ALBERT Secretary General 30 May 2013

  2. Economic Performance(Growth rates, in percent) 6.5 7.8 5.7 7.1 1.9 3.2

  3. Seasonal Adjustment(Growth rates, in percent) 1.5 1.7 1.9 1.8 1.3 1.8 2.2 1.9

  4. Per Capita GDP, GNI, HFCE(Growth rates, in percent) 4.7 5.3 4.0 4.6 5.1 4.5 6.1 5.3 3.4

  5. Major Industries(Growth rates, in percent) 1.1 4.9 5.3 8.9 8.4 6.5 3.3 10.9 7.0

  6. Seasonal AdjustmentMajor Industries (Growth rates, in percent) 1.6 0.7 0.4 0.9 2.2 4.0 1.8 1.6 1.1 0.8 2.5 2.2

  7. Contributions to GDP Growth 0.4 3.5 3.9 7.8

  8. Agriculture, Hunting, Fishery & Forestry(Growth rates, in percent)

  9. Agriculture, Hunting, Fishery & Forestry(Contribution to Growth, in percentage point)

  10. 8.9 10.9 2.8 -17.0 5.5 9.7 29.9 32.5 3.4 0.1 Industry(Growth rates, in percent) 5.3 -1.7 6.0 1.5 8.5

  11. -0.6 6.9 4.6 0.0 Industry(Contribution to Growth, in percentage point) 10.9

  12. Manufacturing(Contribution to Growth, in percentage point) Radio, television and communication equipment and apparatus 5.1 1.0 0.8 0.3 4.0 Food Manufactures Chemical & chemical products Basic metal industries Machinery and equipment except electrical

  13. Manufacturing(Contribution to Growth, in percentage point) -0.9 -0.8 -0.3 -0.2 -0.1 Petroleum and other fuel products Electrical machinery and apparatus Textile manufactures Wood, bamboo, cane and rattan Articles Publishing and printing

  14. 6.5 7.0 4.4 3.5 6.6 5.6 13.9 8.8 6.5 6.3 8.0 8.2 5.8 7.6 Services(Growth rates, in percent) 8.4 9.7 7.8 8.7 7.8 4.5 10.4

  15. 7.0 0.5 1.5 1.7 1.2 0.6 1.5 Services(Contribution to Growth, in percentage point)

  16. IndicatorsSupporting Growth for 1st Quarter 2013

  17. IndicatorsSupporting Growth for 1st Quarter 2013

  18. IndicatorsSupporting Growth for 1st Quarter 2013

  19. Expenditure(Growth Rates, in percent)

  20. Expenditure(Contribution to Growth, in percentage point)

  21. Construction(Growth rates, in percent) 30.4 16.2 35.2 -1.2 33.7 60.9 45.6 -9.7 30.7

  22. Top 5 Exports of Goods(in percentage point) 146.4 Metal Components Sugar 293.3 Coconut Oil 121.0 Control Instrumentation 845.7 Automotive Electronics 183.8 1.4 0.7 0.7 0.6 0.5

  23. -17.7 Components/Devices (Semiconductors) Communication/Radar -52.8 Consumer Electronics -52.9 Electronic Data Processing -74.9 Articles of Apparel and Clothing Accessories -25.6 Bottom 5 Exports of Goods(in percentage point) -8.7 -7.2 -0.8 -0.4 -0.2

  24. Top 5 Imports of Goods(Growth rates, in percent) Communication/Radar 96.0 7.3 Textile yarns Transport Equipment Machinery and mechanical appliances Base metals 15.4 19.3 5.7 0.7 0.5 0.5 0.4 0.3

  25. Bottom 5 Imports of Goods(Growth rates, in percent) Components/Devices (Semiconductors) -5.8 Artificial resins -10.9 Chemical Products -20.7 Electronic Data Processing -15.9 Mineral fuels -12.0 -1.5 -1.0 -0.8 -0.3 -0.3

  26. Net Primary Income 4.7 5.2 1.3 -14.9 -7.3 -18.2 4.4 4.7 0.8 0.0 0.0 0.0 17.1 -9.8 21.7 17.1 21.7 -9.8 3.2 2.7 1.9

  27. Announcements • 1. NSCB adopts other major recommendations of the 2008 System of National Accounts (SNA) • (a) transfer of goods for processing from Exports of Goods to Exports of Services; and (b) merchanting from Exports of Services to Exports and Imports of Goods. • with the incorporation of these recommendations, a break in the series of the national accounts estimates exists. • will be addressed by the NSCB in its future activities which will be announced through the NSCB website, www.nscb.gov.ph. • For further details, please contact Director Raymundo J. Talento of the Economic Statistics Office of NSCB thru 895-2481 or email address rj.talento@nscb.gov.ph.

  28. Announcements • 2. National Statistical Coordination Board (NSCB) / United Nations Children’s Fund (UNICEF) Forum on Local-Level Statistics on Children • 31 May 2013, 8:30 am – 12:00 nn • Crowne Plaza Manila Galleria Quezon City • Presentations on the following: • Results of the 2012 Multiple Indicator Survey (MIS) of the NSO; • 2009 Local Level Statistics on Children; • Community-Based Monitoring System (CBMS); and • National Household Targeting System for Poverty Reduction (NHTSPR) of DSWD. • For inquiries, please contact Ms. Mildred B. Addawe with telephone numbered 896-7981 and email address mb.addawe@nscb.gov.ph

  29. Announcements • 3. NSCB RD 8 releases Countryside in Figures (CIF) Leyte, Second Edition: 2012 • CIF features updates on social, economic and governance indicators for the Leyte Province and comparable assessment of the performance of the 40 municipalities and two cities of the province. • Publication is part of NSCB’s commitment to provide relevant and more disaggregated statistics for development planning and effective governance at the local levels. • For subscription, inquiries and other information needs, visit or call the National Statistical Information Center (NSIC), Eastern VisayasBranch, G/F Calzita Building, 143 P. Zamora Street, Tacloban City, at telephone numbered (053) 325-7508 or email address, nscbru8@yahoo.com.

  30. Announcements 4. NSCB now accepts registration for the 12th NCS 12th NATIONAL CONVENTION ON STATISTICS October 1-2, 2013, EDSA Shangri-La Hotel, Mandaluyong City BIGGEST EVENT for Statisticians, Data Producers, Data Users, and Data Lovers New Sessions on Biostatistics, Social Media, Economic Competitiveness and Environmental Risks To register online, follow this link http://www.nscb.gov.ph/ncs/12thNCS/register/ For further enquiries, please contact: Mr. Precious Jose E. Baroy or Ms. Eunice Tambasen of the 12th NCS Secretariat at telephone numbered 890-9405/890-8456 or e-mail address ncs@nscb.gov.ph.

  31. Announcements 5. Nomination for the 5th NSM Media Awards Now Open Recognizing the important role of media practitioners in promoting, popularizing, and using statistics in information dissemination http://www.nscb.gov.ph/nsm/MediaAwards

  32. Announcements • 6. Statistical Appreciation Seminar for the Media (Meet the Press) • June 18, 2013 schedule postponed to third week of July • Seminar will provide opportunity for journalists to understand, effectively use and interpret statistics, particularly NSCB's outputs, in their news reports • details on this event will be published as soon as they are finalized.

  33. Mabuhay and Thank you! /NSCBPhilippines @NSCBPhilippines /NSCBInfo http://www.nscb.gov.ph info@nscb.gov.ph NSCBInfo@gmail.com

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