MANILA : The Philippines' monthly trade deficit widened to US$4.02 billion in October, the biggest gap since January 2019, as imports continued to outpace growth in exports, government data on Friday showed.
Imports in October jumped 25.1per cent from a year earlier to US$10.43 billion, while exports rose 2per cent to US$6.41 billion, the Philippine Statistics Authority said.
(Reporting by Neil Jerome Morales and Enrico Dela Cruz; Editing by Ed Davies)
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