(Adds milestones)
MANILA, April 11 (Reuters) - The Philippines posted a
trade deficit of $3.88 billion for February , the
smallest gap in three months, the statistics agency said on
Tuesday.
Imports in February shrank 12.1% to $8.95
billion from a year earlier, the steepest drop since November
2020. Exports fell 18.1% to $5.08 billion, the
biggest decline since May, 2020, preliminary data showed.
(Reporting by Neil Jerome Morales and Enrico Dela Cruz
Editing by Ed Davies)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.