Philippine economy taking some hits

09/11/2013 | Business World (Philippines) · (China)

Philippine merchandise exports rose 2.3% year-on-year in July, slowing from a 4.1% gain in June. Other measures of the economy have been taking a turn for the worse lately, with a net US$61 million of foreign investment flowing out of the country in June, reversing a year-earlier inflow of US$307 million.

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Business World (Philippines) · (China)

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