BusinessWorld E-paper
October 11, 2022
FOREIGN DIRECT investment (FDI) net inflows declined for a third straight month in July,
slumping to the lowest level in 14 months as investors remained cautious amid elevated inflation and slowing global growth.
Data released by the Bangko Sentral ng Pilipinas (BSP) on Monday showed FDI net inflows fell by 64.4% to $460 million in July from $1.29 billion a year earlier.
