Based on preliminary data, foreign direct investments (FDI) recorded US$626 million net inflows in September 2022, although 7.9 percent lower than the US$680 million net inflows in the same month last year.1,2 The decline in FDI net inflows reflected the decrease in non-residents’ net investments in debt instruments, which more than offset the growth in their net equity capital placements (Figure 1).3
Source: Bangko Sentral ng Pilipinas (BSP)