REFILE-UPDATE 1-Philippines posts January trade deficit of $5.74 bln

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Refiles to add dropped word "bln" in headline) MANILA, March 14 (Reuters) - The Philippines posted a trade deficit of $5.74 billion for January , the biggest monthly gap since August, government data showed on Tuesday Imports in January grew 3.9% to $11 billion from a year earlier, the first monthly growth in three months, while exports fell 13.5% to $5.2 billion. The decline in exports was the steepest in nearly three years, the Philippine Statistics Authority said. (Reporting by Neil Jerome Morales and Enrico Dela Cruz; Editing by Martin Petty)

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