• Trade deficit widened to $3.68b (estimate -$4.133b) in November from revised -$3.312b in October, according to the Philippine Statistics Authority
  • Estimates range -$4.800b to -$3.700b, 9 economists
  • Exports rose 13.2% y/y (estimate +11.5%) versus revised +20.3% in October
  • Estimates range +6.4% to +18.0%, 10 economists
  • Imports fell 1.9% y/y (estimate +3.0%) versus revised +7.7% in October
  • Estimates range -2.5% to +5.4%, 9 economists
  • Exports fell to $7.10b from revised $7.711b in October
  • Imports fell to $10.778b from revised $11.023b in October