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- (-) March 2025
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As inflation eases, Post forecasts food sales growth at five percent in 2025 driven by population growth and rising incomes. Food and beverage manufacturing is expanding, indicating solid growth in the sector, amid higher production costs, particularly for inputs.
FAS Manila forecasts an increase in milled rice production in Marketing Year (MY) 2025/26 compared to the previous MY, due to favorable weather conditions and an increase in government funding for the rice industry.
The food and beverage processing industry in Guatemala includes around 2,200 companies and plays a crucial role in the country's economy, contributing to employment, exports, and domestic food security.
The Philippine Statistics Authority (PSA) has approved the lowering of the milling recovery rate (MRR) of palay to rice from 65.4 to 63.0 percent.