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PH farm output down anew in Q3

FARM output contracted further in the third quarter (Q3) as livestock and poultry gains failed to offset a decline in crops and fisheries, the Philippine Statistics Authority reported on Wednesday.

The value of agricultural and fisheries production fell by 0.3 percent in July to September, reversing from the 1.6-percent growth posted in the same period last year but narrowing from the 1.2-percent drop posted three months earlier.