• Trade deficit narrowed to $3.31b (estimate -$4.946b) in October from revised -$4.843b in September, according to the Philippine Statistics Authority
  • Estimates range -$6.000b to -$4.580b, 11 economists
  • Exports rose 20% y/y (estimate +4.6%) versus revised +7.1% in September
  • Estimates range -2.7% to +9.9%, 11 economists
  • Imports rose 7.5% y/y (estimate +15.1%) versus revised +14.4% in September
  • Estimates range +13.0% to +19.2%, 10 economists
  • Exports rose to $7.695b from revised $7.163b in September
  • Imports fell to $11.00b from revised $12.007b in September