Imports grow 1.2% in February
MANILA, Philippines – Philippine imports rose 1.2 percent in February from a year ago on higher purchase of capital goods, the government reported yesterday.
Payments for imports in February rose to $5.41 billion, up from $5.35 billion in the same period last year.
This annual growth rate, however, was slower than the 10.2 percent in February 2015 and 30.8 percent in January.
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