In a statement, the Bangko Sentral ng Pilipinas attributed the decline to $1.1 billion in gross outflows, surpassing $1 billion in gross inflows.
The majority of registered inward investments, totaling 52.8%, were in peso-denominated government securities, while 47.2% went into Philippine Stock Exchange-listed stocks, primarily in sectors such as holding firms, banks, and transportation services.
The largest sources of investment were the United Kingdom, the United States, Singapore, Luxembourg, and Switzerland, contributing 86.9% of the total.
Gross outflows rose by 6% compared to May, with the United States receiving the majority of repatriated funds at $597 million.
On a year-to-date basis, the Philippines has seen net inflows of $81 million, a recovery from $804 million net outflows in the same period in 2023.
