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The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund .
A producer price index (PPI) is a price index that measures the average changes in prices received by domestic producers for their output. Formerly known as the wholesale price index between 1902 and 1978, the index is made up of over 16,000 establishments providing approximately 64,000 price quotations that the U.S. Bureau of Labor Statistics (BLS) compiles each month to represent thousands ...
The wholesale price index (WPI) is based on the wholesale price of a few relevant commodities of over 240 commodities available. The commodities chosen for the calculation are based on their importance in the region and the point of time the WPI is employed. For example, in India about 435 items were used for calculating the WPI in base year ...
Sari-sari store. A sari-sari store, anglicized as neighborhood sundry store, [1] is a convenience store found in the Philippines. The word sari-sari is Tagalog meaning "variety" or "sundry". Such stores occupy an important economic and social location in a Filipino community and are ubiquitous in neighborhoods and along streets.
maharlika.dof.gov.ph. The Maharlika Wealth Fund(MWF), also known as the Maharlika Investment Fund(MIF), is a sovereign wealth fundfor the Philippineswhich is managed by the Maharlika Investment Corporation(MIC).[1] The MIF is the Philippines' first sovereign wealth fund. It will be allocated across a variety of assets, including foreign ...
This is a list of prices of chemical elements. Listed here are mainly average market prices for bulk trade of commodities. Data on elements' abundance in Earth's crustis added for comparison. As of 2020[update], the most expensive non-syntheticelement by both mass and volume is rhodium. It is followed by caesium, iridiumand palladiumby mass and ...
The Department of Agriculture (abbreviated as DA; Filipino: Kagawaran ng Pagsasaka) is the executive department of the Philippine government responsible for the promotion of agricultural and fisheries development and growth. [ 3] It has its headquarters at Elliptical Road corner Visayas Avenue, Diliman, Quezon City .
A commodity market is a market that trades in the primary economic sector rather than manufactured products, such as cocoa, fruit and sugar. Hard commodities are mined, such as gold and oil. [ 1] Futures contracts are the oldest way of investing in commodities. [citation needed] Commodity markets can include physical trading and derivatives ...