Philippines posts $3.5 billion trade deficit in September

MANILA (Reuters) – The Philippines posted a trade deficit of $3.5 billion for September, preliminary official data showed on Tuesday.

Imports in September fell 14.7% to $10.2 billion from a year earlier, while exports shrank 6.3% to $6.7 billion, the Philippine Statistics Authority said.

(Reporting by Neil Jerome Morales and Mikhail Flores)