Economic Indicators
Philippines posts widest trade gap in 20 months
2024.11.05 21:31
MANILA (Reuters) – The Philippines posted a trade deficit of $5.09 billion for September, the largest gap in 20 months, preliminary official data showed on Wednesday.
Imports in September rose by an annual 9.9%, the largest increase since April, to $11.34 billion.
Exports fell 7.6%, the biggest drop since June, to $6.26 billion, the Philippine Statistics Authority said.
