Manufacturing activity slowed in May partly due to softer external demand and leading indicators suggest more moderate growth in the immediate term. Goods exports faltered on subdued Chinese demand for Philippine electronics and mineral products. However, the trade deficit is expected to narrow for the full year as goods exports are seen to recover along with the cylical upturn in electronics according to the latest central bank projections. Strong...
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INFORMATION
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2024/07/31
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Bulletin d’information
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192852
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1
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2024/08/02
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Disclosed
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Philippines Monthly Economic Developments (July 2024)