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Preliminary data showed the Philippines posted a $3.85 billion trade deficit in August, with imports up 16.6% to $12.96 billion and exports up 27.8% to $9.11 billion, according to the Philippine Statistics Authority.
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 Aut…