BusinessWorld E-paper
October 11, 2023
THE PHILIPPINES’ trade-in-goods deficit for August narrowed to its lowest level in two months, as an increase in exports offset the continued decline in imports.
Preliminary data from the Philippine Statistics Authority (PSA) showed the trade-in-goods balance — the difference between exports and imports — stood at a $4.13-billion deficit in August, narrower than the $4.2-billion gap in the previous month and the $6.03-billion deficit in August last year.
