Export recovery cuts PH trade deficit
3 Articles
3 Articles
Export recovery cuts PH trade deficit
MANILA, Philippines — The country’s trade deficit narrowed by 11.4 percent in February to $3.16 billion, reversing the increase seen in January, as exports grew while imports declined. Preliminary data from the Philippine Statistics Authority (PSA) released on Friday showed that total external trade in goods had reached $15.66 billion in February, reflecting a 0.4-percent
Philippines' trade deficit narrows to $3.15 billion in February
MANILA — The Philippines’ trade deficit narrowed to $3.15 billion in February from the previous month’s $5.12 billion gap, preliminary official data showed on Friday. Imports in February fell 1.8% in February from a year earlier to $9.4 billion, while exports grew 3.9% to $6.2 billion, the Philippine Statistics Authority said. — Reporting by Karen Lema; […] The post Philippines’ trade deficit narrows to $3.15 billion in February appeared first o…
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