Philippines posts US$4.13bil trade deficit in August


MANILA (Reuters): The Philippines posted a trade deficit of US$4.13 billion for August, a slightly narrower gap versus the previous month after an increase in exports, preliminary official data showed on Tuesday (Oct 10).

Imports fell 13.1% to $10.83 billion from a year earlier, marking the seventh straight month of decline.

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Philippines , trade , deficit , August

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