Philippines exports improved 4.1% in June

Its strongest growth this year.

According to BBVA Research, Philippines' exports picked up in June by 4.1% y/y (consensus: 8.1%) from a contraction of -0.8% y/y in May, registering the strongest growth so far this year. The region’s export outturns have been mixed in the recent period, marked by an improving trend for July in China and Korea, but a weakening trend elsewhere.

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