Daily News

PH trade deficit narrows further to $2.47B in June

The country’s trade deficit narrowed to $2.47 billion in June from $3.55 billion in the same month last year and $3.29 billion in May as exports continue to outpace imports for the third consecutive month, the Philippine Statistics Authority (PSA) reported. The state-run statistics agency said total export sales during the month grew by 1.5% to $6.01 billion from $5.92 billion in June 2018.