31.   While exports fell in the first quarter, imports rose sharply, and whatever consumers spend on imports, they cannot spend on domestically made goods and services.

32.   Production has plummeted, while imports have risen dramatically.

33.   Philippine imports rose in July to their highest level since the beginning of last year, the latest indicator that a strong economic recovery is under way.

34.   Also, floods and drought last year caused food imports to rise.

35.   But the duties only can be imposed if imports of a specific product have been rising.

36.   Computers, petroleum, electronic components and cars were among the areas where imports rose strongly.

37.   Imports have risen sharply in recent months, outpacing export growth and fueling demand for dollars to pay the bills.

38.   Imports rose faster than exports, narrowing the surplus, the report said.

39.   In effect, imports will rise though by not as much as feared.

40.   In Asia, too, de Silguy said the outlook for growth was positive and while some prices have dropped, imports have risen.