Philippine Export Growth Slows In July


Philippine export growth slowed in July, data published by the National Statistics Office showed Tuesday.
Exports rose 2.3 percent year-on-year to $4.836 billion in July, slower than 4.1 percent increase in June. Month-on-month, exports grew 7.7 percent.
Exports of electronic products, which accounted for 39.1 percent of the total exports revenue in July, increased 11.2 percent from a year earlier.
However, electronic product shipments slipped 5.7 percent month-on-month.

News are provided by InstaForex.