June Trade Deficit Narrows by 9.3%

Trade deficit narrowed 9.3 percent in June from $2.37 billion to $2.15 billion, as import growth slowed while exports accelerated modestly. Socioeconomic Planning Secretary Ernesto Pernia said trade is expected to grow at faster pace within the second half of the year in line with the recovery of the global economy. Exports earlier recorded a steady…

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