Typhoons, El Niño weigh down on 2016 farm growth
Natural disasters such as typhoons and drought pulled down the agriculture, forestry, and fishing sector in 2016, according to the Philippine Statistics Authority.
Citing data from the statistics agency, a news report showed that sectoral output, as measured by gross value added, slid 1.3% to P715.51 billion in 2016 from P719.74 billion the previous year.
In a separate report entitled “Performance of Philippine Agriculture, October-December 2016,” the PSA attributed the slowdown to prolonged dry spell and damage caused by typhoons during the year.
“The devastating effects of typhoons Karen (internationally known as Sarika) and Lawin (Haima) pulled down production in the crops and fisheries subsectors,” the PSA said in the report while adding that the lackluster performance of these sectors offset gains registered in livestock and poultry.