MANILA— The Philippines was Asia’s consistent top imports performer for the first half of 2016 as the country’s merchandise imports grew by 15.4 percent in June, according to the National Economic and Development Authority (NEDA). “This performance shows the strength of domestic demand in the country particularly in consumption and investment, as reflected by the continue reading : PH imports performance tops Asia for first half of 2016
Lingering effects of El Niño push up inflation in June 2016
Inflation in June 2016 rose to 1.9 percent from 1.6 percent in the previous month due to increases in food and non-food prices, according to the National Economic and Development Authority (NEDA). This is within the Bangko Sentral ng Pilipinas’ forecast of 1.5-2.4 percent for June 2016 and the median market expectation of 1.9 percent. continue reading : Lingering effects of El Niño push up inflation in June 2016
