Stock Markets

Tomato, onion production rise in Q3

Tomato, onion production rise in Q3 – BusinessWorld Online


      
      
      
      
      








PHILSTAR FILE PHOTO

TOMATO and onion output posted strong gains on a seasonally adjusted basis in the third quarter, according to the Philippine Statistics Authority (PSA).

The PSA said tomato production for the three months to September was 57,320 metric tons (MT), up 43.9% from the previous quarter.

The 43.9% rise is the biggest increase in seasonally adjusted tomato output in at least nine years, according to PSA records.

Meanwhile, seasonally adjusted onion production in the third quarter rose 20.6% from a quarter earlier to 104,810 MT.

The third-quarter rise in onion output is the biggest increase in seasonally adjusted production since the fourth quarter of 2024.

Seasonally adjusted volumes, which strip out the effect of factors such as harvest season, trader demand, and lean production months, show the underlying trends in production, allowing for clearer comparisons across quarters. — Vonn Andrei E. Villamiel

CEDTyClea





You May Also Like

Stock Markets

STOCK PHOTO | Image by Sahand Babali from Unsplash (Part 6) Can the Philippines still be a major exporter of manufactured exports like the...

Stock Markets

FACEBOOK.COM/MNLCDRRMO AN INFLUENTIAL religious group abruptly ended its anti-corruption protest on Monday evening, cutting its planned three-day demonstration in the Philippine capital amid its...

Stock Markets

Globe leaders respond to questions from media attendees during The Blueprint by Globe event, sharing insights on innovation, purposeful connectivity, and inclusive digital transformation....

Finance

Almost half of UK SMEs are optimistic about the year ahead, but cost pressures remain the biggest obstacle to growth, according to new research...

Exit mobile version