Lower inbound shipments of capital goods pull down imports in June 2014

MANILA – Lower inbound shipments of capital goods pulled down merchandise imports, offsetting year-on-year gains in mineral fuels and lubricants, raw materials and intermediate goods and consumer goods in June 2014, according to the National Economic and Development Authority (NEDA). The value of imported capital goods recorded a 27.2 percent decline, from US$1.4 billion in continue reading : Lower inbound shipments of capital goods pull down imports in June 2014