Trade deficit widens to $6B in Aug

By Tiziana Celine Piatos

Oct 12, 2022 12:30 am

THE country's trade deficit widened further to $6 billion in August as imports continued to outpace exports, Philippine Statistics Authority (PSA) data showed on Tuesday.

According to the preliminary data from the PSA, the country's trade gap rose 81.3 percent from the $3.310 billion recorded last month and 51.9 percent versus August 2021.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

AMRO affirms PH growth outlook

Airbus to conduct SAF feasibility study with PH

PH fiscal position expected to worsen

Fed exec warns of sticky inflation

Emergency ASF vaccine use urged

Mitigating climate change challenges

The influence of the BTS Army