PHILIPPINE merchandise exports fell for a seventh consecutive month in October, contracting by 10.8 percent from a year earlier to $4.59 billion as global demand remained sluggish.

A year earlier, outbound shipments grew by 2.4 percent to $5.15 billion. The October drop trimmed the year-to-date tally to $52.13 billion, down 6.2 percent from the comparable 2014 period.

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