MANILA [url=http://www.airmax98supreme.fr/nike-air-max-95.html]Nike Air Max 95 Pas Cher[/url] , Sept. 10 (Xinhua) -- Philippine exports declined by 1.8 percent year-on-year to 5.33 billion U.S. dollars in July, owing to the decrease of eight major commodities, the Philippine Statistics Authority (PSA) said on Thursday.

The country's export revenues in July last year amounted to 5. 43 billion U.S. dollars.

Cumulative merchandise exports for the seven-month period registered a 4.1 percent decrease, from 35.66 billion U.S. dollars in 2014 to 34.21 billion in July. The major commodity groups that recorded drop for July include other mineral products, machinery & transport equipment, articles of apparel and clothing accessories, metal components, chemicals, coconut oil, ignition wiring set and other wiring sets used in vehicles, aircraft and ships and other manufactures.

With the drop on exports, Socioeconomic Planning Secretary Arsenio Balisacan stressed the need to improve domestic demand.

"Policies geared towards increasing domestic demand are essential to counter external weaknesses and to ensure that the country's growth trajectory remains on track," he said.

BERLIN, July 27 (Xinhua) -- German manufacturers' expectationsin export growth improved significantly in July for the fourthconsecutive month, research group Ifo institute reported onThursday.

The outlook value rose to 20.9 balance points in July from 17.7balance points in June, the Munich-based think tank said.

According to the Ifo report, the rise in export expectations wasmainly driven by chemical industry, while companies in theautomotive and electrical goods branches also reported plans toincrease their exports.

However, firms in the textiles and clothing industry expect tosee very little growth.

"German exporters are in high spirits," Ifo chief Clemens Fuestcommented, adding that "the euro's appreciation is obviously havingno negative impact."

The Ifo Export Expectations are based on around 2,700 monthlyreports from manufacturers, who are asked to report their exportexpectations for the next three months. Enditem

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