PSA: Import costs grew faster in past 4 years • Cai U

IMPORT costs have been increasing faster than export costs for the past four years, according to the newly released Unit Value Index (UVI) of the Philippine Statistics Authority (PSA). The UVI showed that unit cost of imports posted double-digit growth in 2022 at 10.8 percent while exports grew 5.6 percent during the same period. In

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