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Trade deficit shrank to four-month low in Dec 2023

By Inquirer - 10 months ago
MANILA  —The Philippines posted its smallest trade deficit in four months in December 2023 after exports recorded a milder drop while imports again turned negative. The country’s balance of trade swung to a deficit of $4.01 billion in the final month of 2023, 11-percent larger compared with the previous year, the Philippine Statistics Authority (PSA)

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