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The Philippine trade deficit increased in July from the last year, the Philippine Statistics Authority showed on Thursday.
Exports grew 12,7 percent yearly in July, after a 18.8 percent rise in June.
Imports gained 24.0 percent annually in July, after a 43.4 percent increase in the previous month.
The trade deficit increased to $3.290 billion in July from $2.134 billion in the same month last year. In June, the deficit was $3.397 billion.
Separate data from the statistical office showed that the production index value accelerated 528.1 percent yearly in July, following a 444.6 percent rise in June.
The production index volume increased 537.9 percent in July, following a 459.0 percent rise in the previous month.
Data also showed that producer prices fell 1.5 percent annually in July, following a 2.6 percent decline in June.
