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Philippine Exports YoY (Jan) Y/Y 7.9% (Prev. 23.3%)

Newsquawk Staff ·

Philippine Exports YoY (Jan) Y/Y 7.9% (Prev. 23.3%)

What it means

The 7.9% year-on-year growth in Philippine exports for January is a significant slowdown from the previous 23.3%. This could indicate weakening demand for Philippine goods, which may impact the country's economic outlook and trade balance, potentially influencing currency movements in the FX market as investors reassess growth expectations.

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