Philippines’ trade deficit at $6 billion in July

MANILA — The Philippines posted a trade deficit PHTBAL=ECI of $5.97 billion in July, preliminary official data showed on Friday. Imports PHIMP=ECI in July rose 19.8% to $14.12 billion from a year earlier, while exports PHEXP=ECI increased 10.8% to $8.15 billion, the Philippine Statistics Authority said. —Reporting by Mikhail Flores; Editing by John Mair

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