THE country's trade deficit expanded in August from a year earlier as imports edged up and exports barely moved, Philippine Statistics Authority data showed on Wednesday.

The $4.37-billion shortfall — up from $4.10 billion in August last year — came as imports rose 2.7 percent to $11.12 billion and exports grew by just 0.3 percent to $6.75 billion, respectively, from $10.83 billion and $6.73 billion.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details