Exports of goods fell to $20.7 billion inside the first six months of 2016 from $21.Eight billion in the identical period closing yr, whilst imports of products rose to $37.1 billion or by using 18.3 percentage from a year in the past.
This introduced the first-half cutting-edge account surplus to $778 million, down eighty five.2 percentage from the $five.25 billion surplus recorded a year earlier, due particularly to the widening of the change-in-goods deficit or merchandise change account, the BSP said.
Retail expenses of construction materials within the National Capital Region rose with the aid of 1.6 percent in August, pushed by means of will increase in all indices, facts from the Philippine Statistics Authority on Monday showed.
The August Construction Materials Retail Price Index (CMRPI) in the National Capital Region rose through 1.6 percentage yr-on-12 months, compared with the zero.Four percent decline published inside the same month a year in the past.