BusinessWorld E-paper
June 10, 2022
THE PHILIPPINES’ April trade deficit narrowed month on
month to $4.8 billion, as exports slightly picked up and imports grew at their slowest
pace in 13 months amid the Russia-Ukraine war and supply chain disruptions.
Preliminary Philippine Statistics Authority data showed the value of merchandise exports
grew by 6% year on year to $6.129 billion in April, the fastest since 15.8% recorded in February.
