Lower exports widen PH trade deficit in March

MANILA  -The Philippines’ trade deficit in March widened by 7.5 percent to $4.93 billion from $4.59 billion as the decrease in exports outpaced that of imports. Preliminary data at the Philippine Statistics Authority show that the trade gap worsened as two-way traffic of goods in March shrank by 5.1 percent to $17.98 billion from $18.59 … Continue reading Lower exports widen PH trade deficit in March