Monday, March 13, 2017

Merchandise exports accelerated in Jan 2017, growing at 22.5% YoY mainly on a surge in manufac

Economic Research
13 March 2017
Philippines

Economic Update




Merchandise exports accelerated in Jan 2017, growing at 22.5% YoY mainly on a surge in manufactured products. Moving forward, we forecast for exports of goods & services to return to a growth of 6.2% in 2017, from -4.4% in 2016 on:
1. Resilient global demand for electrical & electronic (E&E) goods;
2. Gradual improvement in world merchandise trade volumes;
3. A forecast recovery in the agricultural sector.

Economist:  Rizki Fajar  | +6221 2970 7065

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