Imports of Services decelerates
Imports of Services recorded 1.9 percent growth in the fourth quarter of 2019. This was slower than the 10.8 percent growth in the same period in the previous year. Miscellaneous Services rebounded to 12.9 percent from a decline of 0.7 percent in the same quarter of 2018. Other contributors were Travel, Insurance and Government with 6.1 percent,4.0 percent and 1.1 percent growth, respectively. On the other hand, Transportation declined by 24.2 percent.
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