Thursday, May 24, 2007

Philippine Trade Deficit Widens as Imports Rise at Fastest in Four Months

(Bloomberg) -- The Philippines trade deficit widened
in March after imports rose at the fastest pace in four months,
signaling that exports may accelerate in following months.

The shortfall was $119 million, from $10 million a year
earlier, the National Statistics Office said in Manila today.


Read more at Bloomberg Emerging Markets News

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