The Philippines' agricultural sector recorded 2.9% growth in the second quarter, a deceleration from the 6% expansion posted in the same period a year earlier, according to data released by the Philippine Statistics Authority (PSA).

Despite the slower year-on-year pace, the PSA reported that all agricultural subsectors — crops, livestock, poultry, and fisheries — posted improved output during the quarter. The broad-based gains across all four subsectors suggest that growth, while moderating, was not concentrated in a single category.

Agriculture accounts for a meaningful share of Philippine employment, with roughly a quarter of the country's workforce engaged in farming, fishing, and related activities. The sector's performance carries direct implications for rural household incomes and domestic food supply, particularly in staple commodities such as rice, where the Philippines ranks among the world's largest importers.

Farm output trends also feed into broader inflation dynamics, as food carries substantial weight in the Philippine consumer price index. Slower agricultural growth can constrain supply at a time when policymakers are managing food-price pressures, making quarterly PSA data a closely watched input for economic planning.

The PSA regularly tracks agricultural performance as part of its quarterly reporting on the country's macroeconomic indicators.

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