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Surprise export surge narrowed trade deficit in Jan

By Inquirer - 9 months ago
MANILA — The Philippines’ foreign trade deficit shrank in January after exports halted four straight months of decline as global economic conditions improved, while the contraction of imports worsened. The country’s trade gap amounted to $4.22 billion in the first month of 2024, 24.7 percent smaller than the $5.56 billion deficit recorded a year ago,

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