BusinessWorld E-paper
January 11, 2024
THE PHILIPPINES’ trade-in goods deficit hit $4.69 billion in November, the widest gap in seven months due to flattish import growth and the continued decline in exports amid sluggish global demand.
Preliminary data from the Philippine Statistics Authority (PSA) showed the deficit jumped by 26.3% from the $3.72-billion gap a year ago. It was also wider than the revised $4.39 billion in October.
