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Philippines trade down, manufacturing slowed in June

Exports from the Philippines inched up 0.8% year-on-year, missing a median forecast from Bloomberg of a 14.3% increase, after a rise of 13.7% in May, according to data from the Philippine Statistics Authority. Imports were down 2.5%, to bring the total decline in trade to 1.2%. The disappointing numbers come after huge double-digit gains in […]