MANILA — The Philippines posted a trade deficit of $4.17 billion for October, preliminary official data showed on Tuesday.
Imports in September fell 4.4% to $10.54 billion from a year earlier, posting its lowest decline since March.
Exports sank 17.5%, its steepest drop in six months, to $6.36 billion, the Philippine Statistics Authority said.
– Reporting by Neil Jerome Morales; Editing by Martin Petty