Philippine exports up 15% y/y in Feb, fastest rise in six months

MANILA, April 8 (Reuters) – Philippine exports rose 15% in February from a year earlier, the fastest increase in six months, while a 20.1% climb in imports was the slowest growth pace in a year, official data released on Friday showed.

Exports in February totalled $6.16 billion PHEXP=ECI, while imports reached $9.69 billion PHIMP=ECI, yielding a trade deficit of $3.53 billion PHTBAL=ECI, the smallest since August, the statistics agency said.

(Reporting by Neil Jerome Morales and Enrico Dela Cruz
Editing by Ed Davies)

((enrico.delacruz@tr.com))