MANILA – The volume of total imported merchandise recorded a 7.1-percent expansion, even as total payments declined by 13.4 percent, from US$5.1 billion in May 2014 to US$4.4 billion in the said period. The country’s importation of capital goods also sustained its double-digit growth in May 2015, according to the National Economic and Development Authority continue reading : Upbeat business sentiment backs growth in imports volume in May 2015; Sustained growth in imported capital goods bodes well for economy, NEDA says