philippine news

Jun 16, 2007

December imports down 1.3%

Reuters Xinhua Financial News Service
Inquirer

MANILA, Philippines — Imports fell 1.3 percent year-on-year in December to $4.157 billion, leaving the country with a trade deficit of $467 million for the month, the government said Tuesday.

For the whole of 2006, the Philippines registered a trade deficit of $4.485 billion, compared with $6.163 billion in 2005. In December, the deficit was $467 million.

In November, imports were up 13.4 percent from a year earlier.

December…

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