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$5.09-B trade deficit widest in 20 months
November 07, 2024
|The Philippine Star
The Philippines recorded a $5.09-billion trade gap in September, the largest in 20 months, as exports declined while imports went up.
Preliminary data from the Philippine Statistics Authority (PSA) showed the balance of trade in goods, or the difference between exports and imports, amounted to a $5.09-billion deficit in September, 43.4 percent higher than the $3.55 billion shortfall in the same month last year.
The latest trade deficit figure is the biggest since the $5.56 billion trade gap posted in January last year.
The September trade shortfall is also higher than the previous month's $4.39-billion deficit.
هذه القصة من طبعة November 07, 2024 من The Philippine Star.
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