Philippines | Economic Report

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Currency 45.24 44.94 56.34 37.84
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The US Dollar increased to 45.17 Philippine Peso in July from 44.94 in June of 2015.
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Stock Market 7455.14 7564.50 8127.47 129.52
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The Philippines Stock Market (PSEi) decreased to 7455.14 Index points in July from 7564.50 Index points in June of 2015.
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Government Bond 10y 4.39 4.35 16.40 3.04
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The Philippines Government Bond 10y increased to 4.39 percent in July from 4.36 percent in May of 2015.
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GDP Growth Rate 0.30 2.50 3.30 -2.40
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The Gross Domestic Product (GDP) in Philippines expanded 0.30 percent in the first quarter of 2015 over the previous quarter.
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Gdp From Construction 146713.83 185590.28 185590.28 85502.67
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Gdp From Construction in Philippines decreased to 146713.83 PHP Million in the first quarter of 2015 from 185590.28 PHP Million in the fourth quarter of 2014.
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GDP Annual Growth Rate 5.20 6.60 8.90 0.50
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The Gross Domestic Product (GDP) in Philippines expanded 5.20 percent in the first quarter of 2015 over the same quarter of the previous year.
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Gdp From Manufacturing 424355.36 472363.04 472363.04 252377.25
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Gdp From Manufacturing in Philippines decreased to 424355.36 PHP Million in the first quarter of 2015 from 472363.04 PHP Million in the fourth quarter of 2014.
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GDP Constant Prices 1842378.00 1836943.00 1842378.00 825496.00
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GDP Constant Prices in Philippines increased to 1842378 PHP Million in the first quarter of 2015 from 1836943 PHP Million in the fourth quarter of 2014.
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Gdp From Mining 21554.05 13294.95 27935.06 10394.10
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Gdp From Mining in Philippines increased to 21554.05 PHP Million in the first quarter of 2015 from 13294.95 PHP Million in the fourth quarter of 2014.
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Gross Fixed Capital Formation 413893.83 422184.10 422184.10 163357.69
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Gross Fixed Capital Formation in Philippines decreased to 413893.83 PHP Million in the first quarter of 2015 from 422184.10 PHP Million in the fourth quarter of 2014.
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Gdp From Transport 58507.46 53325.26 60703.50 34827.70
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Gdp From Transport in Philippines increased to 58507.46 PHP Million in the first quarter of 2015 from 53325.26 PHP Million in the fourth quarter of 2014.
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Gdp From Agriculture 151506.38 174709.50 174709.50 114778.44
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Gdp From Agriculture in Philippines decreased to 151506.38 PHP Million in the first quarter of 2015 from 174709.50 PHP Million in the fourth quarter of 2014.
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Gdp From Utilities 53918.44 54142.31 63766.37 42117.43
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Gdp From Utilities in Philippines decreased to 53918.44 PHP Million in the first quarter of 2015 from 54142.31 PHP Million in the fourth quarter of 2014.
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Unemployment Rate 6.40 6.60 13.90 6.00
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Unemployment Rate in Philippines decreased to 6.40 percent in the second quarter of 2015 from 6.60 percent in the first quarter of 2015.
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Labor Force Participation Rate 64.60 63.80 94.70 63.20
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Labor Force Participation Rate in Philippines increased to 64.60 percent in the second quarter of 2015 from 63.80 percent in the first quarter of 2015.
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Employed Persons 39159.00 37455.00 39159.00 18567.00
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The number of employed persons in Philippines increased to 39159 Thousand in the second quarter of 2015 from 37455 Thousand in the first quarter of 2015.
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Wages 8280.00 7995.00 8280.00 5798.00
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Wages in Philippines increased to 8280 PHP/Month in 2011 from 7995 PHP/Month in 2010.
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Unemployed Persons 2681.00 2635.00 4989.00 1720.00
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The number of unemployed persons in Philippines increased to 2681 Thousand in the second quarter of 2015 from 2635 Thousand in the first quarter of 2015.
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Wages in Manufacturing 1367.08 1455.97 1455.97 638.86
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Wages in Manufacturing in Philippines decreased to 1367.08 Index Points in the fourth quarter of 2014 from 1455.97 Index Points in the third quarter of 2014.
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Job Vacancies 319720.00 199942.00 319720.00 3036.00
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Job Vacancies in Philippines increased to 319720 in June of 2009 from 199942 in March of 2009.
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Inflation Rate 1.20 1.60 62.80 -2.10
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The inflation rate in Philippines was recorded at 1.20 percent in June of 2015.
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GDP Deflator 171.75 184.73 184.73 12.86
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GDP Deflator in Philippines decreased to 171.75 Index Points in the first quarter of 2015 from 184.73 Index Points in the fourth quarter of 2014.
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Inflation Rate Mom 0.10 -0.10 9.00 -4.60
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The Consumer Price Index in Philippines increased 0.10 percent in June of 2015 over the previous month.
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Producer Prices 144.00 144.10 180.70 81.10
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Producer Prices in Philippines decreased to 144 Index Points in April of 2015 from 144.10 Index Points in March of 2015.
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Consumer Price Index CPI 141.20 141.30 141.30 1.30
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Consumer Price Index CPI in Philippines decreased to 141.20 Index Points in May of 2015 from 141.30 Index Points in April of 2015.
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Producer Prices Change -5.45 -5.60 17.50 -10.00
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Producer Prices in Philippines decreased 5.45 percent in April of 2015 over the same month in the previous year.
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Core Inflation Rate 2.00 2.15 7.25 1.86
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Core Inflation Rate in Philippines increased 2 percent in June of 2015 over the same month in the previous year.
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Food Inflation 3.16 3.92 17.29 -0.78
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Cost of food in Philippines increased 3.16 percent in May of 2015 over the same month in the previous year.
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Core Consumer Prices 137.50 137.50 137.50 75.20
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Core Consumer Prices in Philippines remained unchanged at 137.50 Index Points in May of 2015 from 137.50 Index Points in April of 2015.
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Interest Rate 4.00 4.00 56.60 3.50
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The benchmark interest rate in Philippines was last recorded at 4 percent.
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Foreign Exchange Reserves 80760.00 80798.00 85273.60 44.07
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Foreign Exchange Reserves in Philippines increased to 80858.84 USD Million in May of 2015 from 80798 USD Million in April of 2015.
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Interbank Rate 2.52 2.52 41.30 2.00
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Interbank Rate in Philippines decreased to 2.52 percent in March of 2015 from 3.80 percent in October of 2012.
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Banks Balance Sheet 903.69 903.83 955.37 459.52
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Banks Balance Sheet in Philippines decreased to 903.69 PHP Billion in April of 2015 from 903.83 PHP Billion in March of 2015.
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Money Supply M0 677903.00 660634.44 740639.00 1918.00
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Money Supply M0 in Philippines increased to 677903 PHP Million in April of 2015 from 660634.44 PHP Million in March of 2015.
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Central Bank Balance Sheet 4074.11 4202.09 4202.09 479.78
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Central Bank Balance Sheet in Philippines decreased to 4074.11 PHP Billion in January of 2014 from 4202.09 PHP Billion in December of 2013.
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Money Supply M3 7603300.00 7689423.10 7689423.10 56544.00
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Money Supply M3 in Philippines decreased to 7603300 PHP Million in April of 2015 from 7689423.10 PHP Million in March of 2015.
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Balance of Trade -300923.48 264162.00 1144700.00 -1657980.00
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Philippines recorded a trade deficit of 300923.48 USD Thousand in April of 2015.
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Remittances 2015121.80 2101498.60 2316872.80 64208.00
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Remittances in Philippines decreased to 2015121.80 USD Thousand in April of 2015 from 2101498.60 USD Thousand in March of 2015.
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Exports 4376347.46 5376767.64 5848900.66 23000.00
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Exports in Philippines decreased to 4376347.46 USD Thousand in April of 2015 from 5376767.64 USD Thousand in March of 2015.
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Tourist Arrivals 456524.00 479149.00 487654.00 63628.00
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Tourist Arrivals in Philippines decreased to 456524 in February of 2015 from 479149 in January of 2015.
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Imports 4677270.90 5112605.49 5954820.00 37084.30
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Imports in Philippines decreased to 4677270.90 USD Thousand in April of 2015 from 5112605.49 USD Thousand in March of 2015.
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Gold Reserves 195.30 195.30 274.42 126.89
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Gold Reserves in Philippines remained unchanged at 195.30 Tonnes in the first quarter of 2015 from 195.30 Tonnes in the fourth quarter of 2014.
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Current Account 1706.31 723.24 1854.58 -1179.39
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Philippines recorded a Current Account surplus of 1706.31 USD Million in March of 2015.
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Capital Flows 7.93 6.28 93.65 -35.30
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Philippines recorded a capital and financial account surplus of 7.93 USD Million in March of 2015.
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Current Account to GDP 4.40 4.20 5.80 -7.70
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Philippines recorded a Current Account surplus of 4.40 percent of the country's Gross Domestic Product in 2014.
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Crude Oil Production 22.00 22.00 40.00 0.79
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Crude Oil Production in Philippines remained unchanged at 22 BBL/D/1K in February of 2015 from 22 BBL/D/1K in January of 2015.
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External Debt 77673.71 78489.02 79949.42 20893.00
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External Debt in Philippines decreased to 77673.71 USD Million in 2014 from 78489.02 USD Million in 2013.
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Foreign Direct Investment 95186.00 18314.00 230215.00 3959.00
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Foreign Direct Investment in Philippines increased to 95186 PHP Million in the fourth quarter of 2014 from 18314 PHP Million in the third quarter of 2014.
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Government Budget -0.60 -1.40 1.00 -5.30
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Philippines recorded a Government Budget deficit equal to 0.60 percent of the country's Gross Domestic Product in 2014.
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Government Spending 191163.58 153028.72 221727.33 62728.31
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Government Spending in Philippines increased to 191163.58 PHP Million in the first quarter of 2015 from 153028.72 PHP Million in the fourth quarter of 2014.
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Government Debt to GDP 45.40 49.20 74.90 45.40
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Philippines recorded a Government Debt to GDP of 45.40 percent of the country's Gross Domestic Product in 2014.
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Credit Rating 45.63
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The Euro decreased to 1.10 US dollars in July from 1.11 in June of 2015.
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Government Budget Value 52600.00 -17372.00 80852.00 -115745.00
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Philippines recorded a government budget surplus of 52600 PHP Million in April of 2015.
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Housing Index 9145.00 11934.00 11934.00 4889.00
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Housing Index in Philippines decreased to 9145 PHP/SQ. METRE in the fourth quarter of 2014 from 11934 PHP/SQ. METRE in the third quarter of 2014.
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Building Permits 29443.00 29616.00 37266.00 16129.00
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Building Permits in Philippines decreased to 29443 in the fourth quarter of 2014 from 29616 in the third quarter of 2014.
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Business Confidence 49.20 45.20 54.90 -32.60
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Business Confidence in Philippines increased to 49.20 in the second quarter of 2015 from 45.20 in the first quarter of 2015.
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Competitiveness Rank 52.00 59.00 87.00 52.00
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Philippines is the 52 most competitive nation in the world out of 144 countries ranked in the 2014-2015 edition of the Global Competitiveness Report published by the World Economic Forum.
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Industrial Production -4.20 7.40 68.60 -26.60
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Industrial Production in Philippines decreased 4.20 percent in April of 2015 over the same month in the previous year.
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Corruption Index 38.00 36.00 38.00 23.00
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Philippines scored 38 points out of 100 on the 2014 Corruption Perceptions Index reported by Transparency International.
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Capacity Utilization 83.20 83.30 83.60 74.30
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Capacity Utilization in Philippines decreased to 83.20 percent in April of 2015 from 83.30 percent in March of 2015.
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Corruption Rank 85.00 94.00 141.00 36.00
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Philippines is the 85 least corrupt nation out of 175 countries, according to the 2014 Corruption Perceptions Index reported by Transparency International.
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Changes in Inventories -1728.55 60682.13 92123.96 -83619.50
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The stocks of goods held by firms in Philippines decreased by 1728.55 PHP Million in the first quarter of 2015.
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Ease of Doing Business 95.00 108.00 144.00 95.00
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Ease of Doing Business in Philippines improved to 95 in 2014 from 108 in 2013.
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Car Registrations 103576.00 104832.00 137726.00 11359.00
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Car Registrations in Philippines decreased to 103576 Cars in December of 2013 from 104832 Cars in November of 2013.
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Leading Economic Index 0.03 0.14 0.64 -0.62
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Leading Economic Index in Philippines decreased to 0.03 Index Points in the first quarter of 2014 from 0.14 Index Points in the fourth quarter of 2013.
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Competitiveness Index 4.39 4.28 4.39 3.90
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Philippines scored 4.39 points out of 7 on the 2014-2015 Global Competitiveness Report published by the World Economic Forum.
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Consumer Confidence -16.20 -10.00 -5.70 -52.80
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Consumer Confidence in Philippines decreased to -16.20 in the second quarter of 2015 from -10 in the first quarter of 2015.
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Bank Lending Rate 5.09 5.54 39.73 5.09
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Bank Lending Rate in Philippines decreased to 5.09 percent in February of 2015 from 5.54 percent in January of 2015.
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Retail Sales Yoy 1.80 2.00 79.50 -3.13
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Retail Sales in Philippines increased 1.80 percent in April of 2015 over the same month in the previous year.
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Consumer Credit 197.25 203.62 203.62 76.00
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Consumer Credit in Philippines decreased to 197.25 PHP Billion in the first quarter of 2015 from 203.62 PHP Billion in the fourth quarter of 2014.
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Consumer Spending 1278169.00 1259968.00 1278169.00 581662.00
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Consumer Spending in Philippines increased to 1278169 PHP Million in the first quarter of 2015 from 1259968 PHP Million in the fourth quarter of 2014.
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Gasoline Prices 1.01 1.00 1.29 0.34
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Gasoline Prices in Philippines increased to 1.01 USD/Liter in June of 2015 from 1 USD/Liter in May of 2015.
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Personal Savings 3171878.00 3213773.97 3213773.97 1124351.04
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Personal Savings in Philippines decreased to 3171878 Million PHP in April of 2015 from 3213773.97 Million PHP in March of 2015.
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Corporate Tax Rate 30.00 30.00 35.00 30.00
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The Corporate Tax Rate in Philippines stands at 30 percent.
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Social Security Rate 10.78 10.78 10.78 9.63
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The Social Security Rate in Philippines stands at 10.78 percent.
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Personal Income Tax Rate 32.00 32.00 32.00 32.00
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The Personal Income Tax Rate in Philippines stands at 32 percent.
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Social Security Rate For Companies 7.39 7.39 7.39 6.24
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The Social Security Rate For Companies in Philippines stands at 7.39 percent.
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Sales Tax Rate 12.00 12.00 12.00 10.00
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The Sales Tax Rate in Philippines stands at 12 percent.
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Social Security Rate For Employees 3.39 3.39 3.39 3.39
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The Social Security Rate For Employees in Philippines stands at 3.39 percent.

Current trends in economic indicators affecting Philippines. 7/7/2015