Agri trade contracts in third quarter

By Janine Alexis Miguel

Dec 08, 2023 12:34 am

THE Philippines' agricultural trade contracted by 12.0 percent to $6.20 billion in the third quarter from a year earlier, the Philippine Statistics Authority (PSA) reported on Thursday.

The result was an improvement from the 14.8-percent drop posted in April-June but reversed from the 17.5-percent growth posted in July-September last year.

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