Philippines Q2 agricultural output grows 0.5% y/y

MANILA, Aug 5 (Reuters) -

* Philippine agricultural output grew at an annual pace of 0.5% in the second quarter of 2020, led by crops and fisheries, the country's statistics agency said on Wednesday

* The Southeast Asian country's crops output, which accounted for around half of the sector's total production, rose 5.0%, as the paddy rice harvest grew 7.1%, the Philippine Statistics Authority said

* Fisheries output rose 0.9%, while livestock contracted by 8.5% and poultry production went down by 4.7%

* The government will release second-quarter GDP data on Thursday. Agriculture usually accounts for less than 10% of overall economic output (Reporting by Enrico Dela Cruz Editing by Ed Davies)

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