LATEST PUBLICATIONS
PN 2022-02
How Can DSWD's Social Pension Program for Indigent Senior Citizens be Improved?
RPS 2022-01
How Does the Philippines Fare in Meeting the ASEAN Economic Community Vision 2025?
PJD 2022 Vol. 46 No. 1d
Surveying the Extent and Wage Consequences of Education-Job Mismatches in the Philippine Labor Market
PJD 2022 Vol. 46 No. 1c
Disentangling the Effects of Maternal Employment on Child Stunting in the Philippines

LATEST AV MATERIALS
PIDS WB 2021-1201
Analyzing the President's Budget for 2022
GIZ-FFS-2020-01
WASHaLOT 3.0: Production Process
GIZ-FFS-2021-03
WASHaLOT 3.0 Mass Production
GIZ-FFS-2021-02
Minimum Requirement Guidelines on WASH in Schools
Publication Detail
DLSU-AKI PEM Report-Q4-2020: Monitoring the Philippine Economy Fourth Quarter Report for 2020

Economic contraction continued into fourth quarter 2020 as year-on-year growth was -8.3 percent on account of poor agricultural output and continued COVID-19 quarantine measures. The downturn further decelerated. Year-on-year economic growth was recorded at -8.3 percent in the fourth quarter, marking a third consecutive quarterly contraction. But the downturn decelerated from the previous quarter’s 11.4 percent contraction owing to increased accessibility of public transport and lightened business restrictions. However, the contraction still outpaced the 5.7 percent growth recorded in fourth quarter 2019 due to the continuing economic impact of COVID-19. In addition to community quarantines, African swine fever (ASF) and a series of typhoons weakened fourth quarter performance by prompting a significant contraction in the agriculture, forestry, and fishing sector. The supply disruptions caused by ASF and the typhoons also contributed to an uptick in food inflation, driving the headline inflation rate to a two-year high.

DLSU - Angelo King Institute for Economic and Business Studies
Authors Keywords
Conchada, Mitzie Irene, P; Tiongco, Liam, R. ; economic contraction; quarantine measures; inflation ;
Download PDF Number of Downloads
Published in 2021 and available for Downloaded 31 times since March 05, 2021
×
Please let us know your reason for downloading this publication. May we also ask you to provide additional information that will help us serve you better? Rest assured that your answers will not be shared with any outside parties. It will take you only two minutes to complete the survey. You will answer the profile questions only once as long as you enter the same email address. Thank you.


To use as reference:
If others, (Please specify):
Name: (optional)
Email: (required, but will not display; please use the same email address when downloading another publication so that the profile questions will not appear)
Age:
Gender:
If Prefer to self-describe, please specify:
Level of Education:
Occupation:
If employed either part-time or full-time, name of office:
If others, (Please specify):
Would you like to receive the SERP-P UPDATES e-newsletter? Yes No
Use the space below if you have any comment about this publication or SERP-P knowledge resources in general.