Exports of Services decelerates
Exports of Services decelerated to 4.5 percent during the fourth quarter of 2018, as compared with the 14.5 percent in the same period of the previous year. Miscellaneous Services was the highest contributor to the growth with 7.2 percent. Other contributors to the growth were: Government, 74.5 percent; Transportation, 5.9 percent; and Insurance, 8.7 percent. On the other hand, Travel declined by 13.2 percent.
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