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Agriculture grew by 2.92 percent in 2012. Production in the crops, livestock and poultry subsectors put up a combined growth rate of 3.60 percent. This was pulled down by the fisheries subsector which output dropped by 0.04 percent. Overall, agriculture output grew by 2.92 percent. At current prices, value of agricultural production amounted to P1.4 trillion, higher by 1.17 percent from the 2011 level.
Livestock production inched up by 1.10 percent. The subsector shared 16.07 percent in the total agricultural production. Hog production grew by 1.71 percent. Carabao, cattle and goat recorded lower production during the year. The subsector grossed P214.3 billion at current prices, up by 0.94 percent from last year’s level.
Wednesday January 30, 2013/ BAS/ Philippines.
http://www.bas.gov.ph
