MANILA : The Philippines posted a trade deficit of $5.2 billion in December, as imports grew at the fastest pace in six months, government data showed on Thursday, ahead of the release of 2021 GDP data.
Imports in December totalled $11.5 billion, outpacing a 7.1per cent increase in exports to $6.3 billion, the Philippine Statistics Authority said. GDP data will be released at around 0200 GMT.
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