Philip­pine Nov trade up 7.3 per­cent

China Daily (Canada) - - BUSINESS -

Philip­pine trade grew 7.3 per­cent in Novem­ber 2016 mainly due to strong growth in im­ports, the govern­ment said on Tues­day. The Na­tional Eco­nomic and Devel­op­ment Au­thor­ity said in a state­ment that the trade for Novem­ber to­taled $12 bil­lion in Novem­ber 2016. On the other hand, it said im­ports grew 19.7 per­cent, mit­i­gat­ing the 7.5 per­cent drop in ex­ports.

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