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Philippines Monthly Economic Developments (April 2021) (Inglés)

Rising COVID-19 (coronavirus) cases and the return to more restrictive quarantine measures continued to dampen market sentiments. Manufacturing output and exports contracted in February, while the stock market retreated amid fears of a prolonged lockdown. The authorities continued to support the economy through higher public spending and accommodative monetary policy. Inflation has finally slowed down, halting five months of steady rise. While domestic...
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