PHILIPPINE merchandise imports dropped for the second consecutive month in April in line with the economic slowdown in Asia, the National Economic and Development Authority (NEDA) said.

Imports fell 12.8 percent from a year earlier, with the total value of inbound shipment down at $4.677 billion in the fourth month of this year from $5.366 billion in April 2014, preliminary data from the Philippine Statistics Authority (PSA) showed on Thursday.

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