News

Dissecting Data: Trade deficit narrows in Dec but widens to record in 2018

ABS-CBN News
Posted at Feb 12 08:50 PM

The Philippines' trade deficit narrowed to a three-month low in December last year. But the $41.4 billion trade gap booked for the whole of 2018 was also the widest on record.    Read more »

December trade deficit narrows to 3-month low as imports dive

Reuters
Posted at Feb 12 01:14 PM

In December, imports dived 9.4 percent to $8.5 billion, their largest decline in more than 6 years. Read more »

Trade deficit widens to $3.9 billion in November 2018

ABS-CBN News
Updated as of Jan 10 12:01 PM

Imports grew 6.8 percent to $9.47 billion in November from $8.86 billion compared to November 2017, government data showed.  Read more »

Trade deficit widens in September as exports decline

ABS-CBN News
Posted at Nov 07 05:01 PM

The country's trade deficit widened in September as exports declined while imports surged, the Philippine Statistics Authority (PSA) said on Wednesday. Read more »

PH trade deficit stays above $3 billion, imports up 11 percent

ABS-CBN News
Updated as of Oct 10 04:27 PM

The Philippines' trade deficit stayed well above $3 billion for the fifth month in a row in August as import growth outpaced exports, government data showed on Wednesday. Read more »

PH posts $1.27-B balance of payments surplus in August: BSP

ABS-CBN News
Updated as of Sep 19 07:46 PM

The Philippines posted a balance of payments (BOP) surplus of $1.27 billion in August 2018, the Bangko Sentral ng Pilipinas said Wednesday. Read more »

Dissecting Data: What's behind the Philippines' widening trade deficit?

ABS-CBN News
Updated as of Sep 12 05:22 AM

The country’s trade deficit widened to $3.55 billion in July as imports continued to outpace exports, government data released Tuesday showed. Read more »

Trade deficit widens to $3.55 billion in July

ABS-CBN News
Updated as of Sep 11 02:35 PM

The July trade deficit is higher than $3.35 billion in June but lower than the $3.7 billion deficit in May.   Read more »

Trade deficit, not inflation, slowed growth in Q2: Standard Chartered analyst

ABS-CBN News
Posted at Aug 09 08:01 PM

The Philippines' trade deficit was a bigger factor than inflation in the slower growth of the Philippine economy in the second quarter, an economist said Thursday.    Read more »

Trade deficit at $3.35 billion in June

ABS-CBN News
Updated as of Aug 08 05:40 PM

The June trade deficit was lower than the $3.7 billion deficit in May but was higher than $1.59 billion during the same month in 2017, the Philippine Statistics Authority said. Read more »

Trade deficit rises to 5-month high in May

Reuters
Updated as of Jul 10 04:22 PM

Imports grew 11.4 percent in May, slower than the previous month's revised 23.1 percent annual pace, while exports declined 3.8 percent in May, less than the previous month's revised 4.9 percent contraction. Read more »

Economist: PH can expect 'complications' amid U.S.-China trade war

ABS-CBN News
Posted at Jul 09 11:46 PM

The ongoing trade conflict between the U.S. and China fueled concerns for Philippine miners, with experts saying any increase in trade barriers is bad for business. Read more »

PH trade deficit widens to 4-month high

ABS-CBN News
Posted at Jun 09 12:03 AM

At least one economist said that the peso's depreciation has failed to translate to boost the country's exporters.  Read more »

ANALYSIS: Signs of an unsustainable economic growth

Jose Galang — YOUR BUSINESS
Posted at Jun 08 07:03 PM

Newly released government data show a few bright spots in the economy but high rates of inflation and industries straining at high capacity usage put sustained robust growth under a cloud. Read more »

PH trade deficit widens sharply in April as imports surge

Reuters
Updated as of Jun 08 12:02 PM

The Philippines' trade deficit widened to a four-month high in April on robust purchases of capital and consumer goods abroad and as weak demand overseas dented exports, the statistics agency said on Friday. Read more »

PH trade deficit settles at $2.5-B in March

ABS-CBN News
Posted at May 10 01:11 AM

The budget department asserts a trade deficit in the near-term is not a concern because this only means the government remains aggressive on its massive infrastructure plan. Read more »

PH trade deficit widens as exports fall, imports rise double-digit

ABS-CBN News
Updated as of Jan 28 03:46 PM

The Philippine trade deficit reached $3.06 billion in February according to the exports and imports data released by the Philippine Statistics Authority on Wednesday. Read more »

Peso, under pressure from trade gap, hovers at P52:$1

ABS-CBN News
Updated as of Nov 29 03:50 PM

The peso will remain under pressure from the widening trade deficit, notwithstanding strong growth in remittances last January, ING Bank said Friday. Read more »

Trade deficit in January widens below forecast

ABS-CBN News
Updated as of Nov 12 08:26 AM

The expansion in the Philippines' trade deficit in January was lower than expected, as exports posted surprise growth while imports grew slower than forecast, official data released Friday showed. Read more »

US trade deficit hits 9-year high on falling exports

Douglas Gillison, Agence France-Presse
Updated as of Nov 06 09:53 PM

The US trade deficit swelled in January to its highest level in nearly a decade as oil prices rose and the world's biggest economy sold fewer aircraft, government data showed Wednesday. Read more »