Imports bounced back to a positive and double-digit growth in January 2016 from its previous month’s decline with higher purchases of capital goods, raw materials and intermediate goods, and consumer goods, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority (PSA) reported today that total payments for imported goods increased by continue reading : JANUARY IMPORTS RECORD HIGHEST GROWTH SINCE NOVEMBER 2010
Lower food, non-food prices pull down inflation in January 2016
Slower price adjustments in both food and non-food items pulled down inflation to 1.3 percent in January 2016 from 1.5 percent in the previous month, according to the National Economic and Development Authority (NEDA). Inflation for the food subgroup slowed down as prices of fish, fruits, vegetables, milk, cheese, and eggs became stable. “Good weather continue reading : Lower food, non-food prices pull down inflation in January 2016
