THE country’s trade deficit decreased to $3.28 billion in May from $3.46 billion in April and $3.889 billion a year ago as exports improved and imports contracted, the Philippine Statistics Authority (PSA) reported on Wednesday.
According to the state-run statistics agency, total export sales in the month inched up by 1 percent to $6.16 billion from $6.09 billion in May 2018.
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