The 91-day treasury bill rate for July 2002 slightly went down to 4.770 from its rate of 4.778 in June.
For the first 4 months of the year, the Balance of payments yielded a surplus of $1.891 billion, an improvement from its deficit of $755 million for the same period in 2001. The surplus was brought about by a continued surplus in the current account and further reduction in the deficit of the capital & financial accounts.
Total Imports Bill for the period January to July 2002 amounted to $38.8 billion, a 6.3 percent higher than $36.5 billion for the same period last year. Total imports for the month of July amounted $3 billion.
Inflation rate slightly went up to 2.9 percent in August from its 2.6 percent rate in July. Inflation rate for August 2001 was 6.3 percent.
Receipts from Exports for January to June 2002 increased by 4.3 percent from $15.988 billion for the same period last year to $16.668 billion.
Total Domestic Liquidity as of June 2002 stands at Php 1,570,624.
GNP grew by 5.2 percent for the 2nd quarter of 2002, an improvement from its 4.0 percent growth for the same period last year. Domestic income also grew by 4.5 percent. The services sector contributed the largest share to GNP with a 44 percent. The industry sector contributed 32 percent and the agriculture sector 17 percent .
The Philippine peso depreciated in August. From an average of 50.6, the peso-dollar exchange rate went up to 51.8.
For the first 4 months of the year, the Balance of payments yielded a surplus of $1.891 billion, an improvement from its deficit of $755 million for the same period in 2001. The surplus was brought about by a continued surplus in the current account and further reduction in the deficit of the capital & financial accounts.
Total Imports Bill for the period January to July 2002 amounted to $38.8 billion, a 6.3 percent higher than $36.5 billion for the same period last year. Total imports for the month of July amounted $3 billion.
Inflation rate slightly went up to 2.9 percent in August from its 2.6 percent rate in July. Inflation rate for August 2001 was 6.3 percent.
Receipts from Exports for January to June 2002 increased by 4.3 percent from $15.988 billion for the same period last year to $16.668 billion.
Total Domestic Liquidity as of June 2002 stands at Php 1,570,624.
GNP grew by 5.2 percent for the 2nd quarter of 2002, an improvement from its 4.0 percent growth for the same period last year. Domestic income also grew by 4.5 percent. The services sector contributed the largest share to GNP with a 44 percent. The industry sector contributed 32 percent and the agriculture sector 17 percent .
The Philippine peso depreciated in August. From an average of 50.6, the peso-dollar exchange rate went up to 51.8.
Related Databases
