{"id":43564,"date":"2015-02-26T11:31:34","date_gmt":"2015-02-26T03:31:34","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=43564"},"modified":"2015-02-26T11:31:34","modified_gmt":"2015-02-26T03:31:34","slug":"ph-imports-decline-in-dec-2014-biggest-dip-since-2012","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2015\/02\/26\/ph-imports-decline-in-dec-2014-biggest-dip-since-2012\/","title":{"rendered":"PH imports decline in Dec 2014; biggest dip since 2012"},"content":{"rendered":"<p><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/02\/shutterstock_235334524.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-43565\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/02\/shutterstock_235334524.jpg\" alt=\"Economic_decline_shutterstock_235334524\" width=\"500\" height=\"320\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/02\/shutterstock_235334524.jpg 500w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/02\/shutterstock_235334524-300x192.jpg 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><br \/>\nMANILA, Philippines \u2013 Figures from the Philippine Statistics Authority revealed that Philippine imports dropped 10.6 percent in December 2014, the steepest decline since April 2012 which saw a decline in imports to 13.3 percent.<\/p>\n<p>Electronics and gadgets accounted for the bulk of imports, at 34.8 percent of the entire import bill, while mineral fuels accounted for the second biggest import item at 15.5 percent.<\/p>\n<p>The last month of 2014 registered a trade deficit of $68.2 million in December, for a total annual trade deficit to $2.1 billion.<\/p>\n<p>According to the Bangko Sentral ng Pilipinas (BSP), the global drop in prices of oil would probably mean a narrower trade deficit in 2015; thus, balance of payments and current account surpluses are also expected to be bigger this year.<\/p>\n<p>Trading was severely affected in 2014, due to woes at Manilas\u2019 ports, forcing government intervention to boost economic growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA, Philippines \u2013 Figures from the Philippine Statistics Authority revealed that Philippine imports dropped 10.6 percent in December 2014, the &hellip;<\/p>\n","protected":false},"author":44,"featured_media":43565,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1482,19],"tags":[],"class_list":["post-43564","post","type-post","status-publish","format-standard","has-post-thumbnail","category-breaking","category-business","mauthors-angie-duarte","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/43564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=43564"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/43564\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/43565"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=43564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=43564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=43564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}