Philippines’ trade deficit at $3.85 billion in August

MANILA — The Philippines posted a trade deficit PHTBAL=ECI of $3.85 billion in August, preliminary official data showed on Wednesday. Imports PHIMP=ECI rose 16.6% in August from a year earlier to $12.96 billion, while exports PHEXP=ECI increased by 27.8% to $9.11 billion, the Philippine Statistics Authority said. —Reporting by Mikhail Flores; Editing by John Mair

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