The National Economic and Development Authority is optimistic of the country’s trade performance for the rest of the year considering thriving exports and trade linkages, especially to Europe and East Asia. NEDA-attached agency, the Philippine Statistics Authority, reported that total trade grew to USD11.7 billion in April 2017, with the 12.1 percent growth in exports offsetting the 0.1 percent continue reading : EU, ASIA REMAIN TOP PH EXPORTS MARKETS
Inflation remains at 3.4 percent in April 2017
MANILA – Slower price adjustments in electricity and gas and slightly higher prices of food commodities kept inflation at the same rate as with the previous month at 3.4 percent in April 2017, according to the National Economic and Development Authority (NEDA). This inflation rate is slightly below the median market expectation of 3.5 percent continue reading : Inflation remains at 3.4 percent in April 2017