Headline inflation continued to accelerate in June, prompting the central bank to raise its key policy rate anew. Fear of a weakening global outlook and more U.S. Federal Reserve rate increases dampened investor sentiments, leading to a contraction in the local stock market index and further depreciation of the peso. In May, the trade deficit widened as imports grew faster than exports. Domestic demand continued to buoy factory activity, but rising...
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详细
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2022/06/30
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电子刊物
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174027
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1
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2022/07/15
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Disclosed
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Philippines Monthly Economic Developments (July 2022)