BusinessWorld E-paper
June 12, 2024
THE PHILIPPINES’ trade deficit narrowed year on year in April but posted the widest level in five months, as exports and imports posted double-digit growth, the statistics agency said on Tuesday.
Preliminary data from the Philippine Statistics Authority (PSA) showed the country’s trade in goods balance — the difference between exports and imports — stood at a $4.76-billion deficit in April, 1.5% lower than the $4.83-billion gap in the same month in 2023.
