MANILA The Philippines posted a trade deficit of US$4.9 billion for July 2024, preliminary official data showed on Tuesday.
Imports in July rose 7.2% from a year earlier to US$11.1 billion, while exports rose just 0.1% to US$6.2 billion, the Philippine Statistics Authority said.
The trade deficit in July was the largest since the US$4.9 billion shortfall in March 2023, while import growth was the fastest since the 12.6% expansion in April this year.
- Reuters
Created by Tan KW | Sep 10, 2024
Created by Tan KW | Sep 10, 2024
Created by Tan KW | Sep 10, 2024
Created by Tan KW | Sep 10, 2024
Created by Tan KW | Sep 10, 2024
Created by Tan KW | Sep 10, 2024
Created by Tan KW | Sep 10, 2024