MANUFACTURING STRENGTHENS FURTHER IN MARCH 2017

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The National Economic and Development Authority reports that the manufacturing sector grew in March 2017 following the increased production in petroleum products, food, and transport equipment. NEDA-attached agency Philippine Statistics Authority released its Monthly Integrated Survey of Selected Industries (MISSI) showing that the Volume of Production Index (VoPI) for manufacturing grew by 11.1 percent in continue reading : MANUFACTURING STRENGTHENS FURTHER IN MARCH 2017

RECOVERY OF EXPORTS BOOST TRADE IN JANUARY 2017

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Total Philippine trade grew by 14.2 percent in January 2017 backed by the surge in export receipts from most of the country’s traditional markets, according to the National Economic and Development Authority (NEDA). Based on a report by the Philippine Statistics Authority, total trade grew to US$12.6 billion in January 2017, with imports growing by continue reading : RECOVERY OF EXPORTS BOOST TRADE IN JANUARY 2017

STRONG DOMESTIC DEMAND BOOSTS IMPORTS IN MARCH 2016

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Continued demand for capital and consumer goods drove imports growth of 11.7 percent in March 2016, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported that imports reached US$6.4 billion from US$5.7 billion in the same period. This is on account of higher purchases of capital goods at 24.1 percent continue reading : STRONG DOMESTIC DEMAND BOOSTS IMPORTS IN MARCH 2016