. Based on PSA report, this was driven by the Services Sector which grew by 7.9 percent and the Industry growing by 8.7 percent. Meanwhile, GNI posted a growth rate of 7.6 percent.
Source of data:Philippine Statistics Authority (PSA)
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The average peso-dollar exchange rate went up to 47.06 in July, from 46.46.45 in June. This is also higher compared to 46.14 in the same period last year.
Source of data: Bangko Sentral ng Pilipinas (BSP)
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The country’s year-on-year headline inflation rate remained at 1.9 percent in July 2016.
Likewise, core inflation rate remained at 1.9 percent
Source of data: Philippine Statistics Authority (PSA)
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