Philippine Trade Deficit Narrows In September

The Philippine trade deficit narrowed in September as the pace of decline in imports exceeded the fall in exports, data from the Philippine Statistics Authority showed on Wednesday.


The visible trade deficit narrowed to $3.12 billion in September from $4.02 billion last year. Economists had forecast a deficit of $3.05 billion.


Exports dropped to 2.6 percent annually in September following by a 0.8 percent rise in August. Economists had forecast a rise of 1.3 percent.


Imports declined 10.5 percent versus an 8.8 percent decrease in the previous month. Economists had expected a 6.4 percent fall.

Get in Touch

Talk to us today and explore the future with WooHoo AI Ireland

Camden Street Lower, St Kevin's, Dublin 2

Email. info@woohooai.com

Phone. +353 - 214 - 651- 000

© 2018 by WooHoo AI. An Emma & Ariel Production Proudly created and operated by Roche Fintech 634861 / WooHoo AI Ireland / 77 Camden Street Lower, St Kevin's, Dublin 2, Ireland D 02 XE 80 | +353-214-651-000 | info@woohooai.com

Code of Practice | Refund Policy | Warranty | Cookie Policy | Sale T&Cs | Privacy Policy | How it Works | FAQ | Customer Notifications