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2014.06.2422:55:00UTC+00Philippines Trade Deficit $743 Million In April

The Philippines saw a merchandise trade deficit of $743 million in April, the National Statistics Office said on Wednesday - following the $146 million shortfall in March.

Imports added an annual 3.0 percent in April to $5.309 billion - down from $5.42 billion in the previous month.

Through the first four months of the year, imports climbed 9.9 percent on year to $19.590 billion.

Export data, which was released two weeks ago, showed an increase of 0.8 percent to $4.506 billion.



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