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Monday, August 11, 2008

Philippines exports increase 8.3% y/y in June.





Philippines exports increase 8.3% y/y in June. According to the Business Times, official figures show that the exports of the Philippines increased by 8.3% y/y in June compared to 2.3% y/y in May. During June, the exports of electronics goods increased by 6.4% y/y after showing a y/y decline for three consecutive months. Other key Philippine exports included garments, vehicle parts, coconut oil, tropical fruit and wood furniture. Title: Philippine, Exports – Jun 08 Items Jun-08 May-08 Jun-07 Total Exports FOB Value (USD mn) 4,493.5 4,224.1 4,147.4 Year-on-Year Growth (%) 8.3% 2.3% 2.3% Month-on-month Growth (%) 6.4% -2.3% 0.5% Electronic products FOB Value (USD mn) 2,631.5 2,473.8 2,473.8 Year-on-Year Growth (%) 6.4% -3.4% -1.3% Month-on-month Growth (%) 6.4% -1.8% -3.4% Source: NSO







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