Deficit widen in Philippines Trade balance

By IBTimes Staff Reporter | December 22 2009 9:29 PM

The reading of Philippines' Trade balance in October shows deficit widen to -$138 Million from prior deficit in September of -$34 Million, while Philippines total monthly imports came at $3808.3 Million in October compared with prior reading for September of $3669.9 Million, On the other hand the Philippine the yearly total monthly imports in October shows easy contraction to -16.8% compared with pervious contraction of -25.0% on yearly basis.

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