Trade gap narrows in May

By Janine Alexis Miguel

Jul 11, 2024 12:36 am

THE country's trade deficit narrowed in May from a month earlier as slightly higher exports outweighed a dip in imports, preliminary data from Philippine Statistics Authority showed on Wednesday.

At $4.6 billion, the shortfall was smaller than the $4.73 billion posted in April but rose from the year-earlier $4.4 billion.

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