Trade gap widens to $3.55B in July

By ED VELASCO

Sep 12, 2018 1:16 am

The trade deficit widened to $3.55 billion in July, the government reported on Tuesday, as double-digit imports growth outpaced an exports recovery.

Total external trade in goods hit $15.25 billion, the Philippine Statistics Authority (PSA) said, up 17.5 percent from a year earlier.

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