MANILA, Oct 15 (Reuters): The Philippines posted a trade deficit of US$6 billion for August, its biggest monthly gap on record, as the value of imports sustained a double-digit pace of growth, while exports contracted, government data showed this week.
Imports rose 26% from a year earlier to US$12.4 billion , while exports fell for the second straight month, by 2% to US$6.4 billion, the Philippine Statistics Authority said.
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