MANILA –Total merchandise trade grew by 5 percent in October 2016, supported by growth in both imports and exports, according to the National Economic and Development Authority (NEDA). Based on a report by the Philippine Statistics Authority, total trade grew to US$11.7 billion in October 2016, with imports growing by 5.9 percent and exports, 3.7 continue reading : PH trade keeps growth steady in October 2016
MANUFACTURING SUSTAINS GROWTH IN OCTOBER 2016
MANILA — Manufacturing output continued its rapid growth in October 2016 due to higher production of petroleum products, non-electrical machineries, and transport equipment, according to the National Economic and Development Authority (NEDA). “In order to support the manufacturing sector’s continued growth, the government efforts to improve the business climate must be sustained,” said Socioeconomic Planning continue reading : MANUFACTURING SUSTAINS GROWTH IN OCTOBER 2016
Inflation steadies in October 2016
MANILA – Inflation in October 2016 remained stable at 2.3 percent as in the previous month, according to the National Economic and Development Authority. “The steady inflation rate in October is due to slower increases in prices of health commodities, and alcoholic beverages and tobacco,” said Socioeconomic Planning Secretary Ernesto M. Pernia. He added that continue reading : Inflation steadies in October 2016
