According to the National Statistical Coordination Board (NSCB), despite the devastation brought about the series of natural disasters that hit the country in the last quarter of 2013, the country`s Gross Domestic Product posted a growth of 6.5 percent in the fourth quarter of 2013 mainly due to the Service sector, particularly, Trade and Real Estate; and Renting and Business Activities. On an annual basis, Gross Domestic Product (GDP) grew by 7.2 percent in 2013 from 6.8 percent in 2012. Likewise, Gross National Income expanded by 7.5 percent in 2013 from 6.5 percent in 2012 Source: National Statistics Coordination Board, NSCB

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The monthly average peso-dollar exchange rate continued to went up to 44.927 in January 2014, from 44.104 in December 2013. Source: Bangko Sentral ng Pilipinas, BSP

For the time-series data on monthly average peso-dollar exchange rate. Please view

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