Philippines' trade deficit widens by 47.6% in May 2018

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MANILA, Philippines – The country's trade deficit further widened by 47.6% in May 2018, reaching a 5-month high of $3.7 billion, said the Philippine Statistics Authority (PSA) on Tuesday, July 10.

Exports declined by 3.8% to $5.8 billion in May 2018, worse than the 2.4% recorded during the same month last year.

Imports ... via PK