|
|
Asian Economic News
Philippine Trade Balance Due On Tuesday
10/26/2009 6:11 PM ET
(RTTNews) -
The Philippines is scheduled to release August numbers for imports and trade balance on Tuesday, setting the pace for a modest day for Asian economic news. Forecasts call for a 16.5 percent decline on year following the 31.6 percent annual contraction in the previous month. The trade balance is expected to show a deficit of $736.8 million after the $715 million shortfall a month earlier.
Hong Kong will announce September numbers for imports, exports and trade balance. Imports are expected to decline 9.5 percent on year after the 9.8 percent annual decline in August. Exports are called lower by 10 percent following the 13.9 percent annual contraction in the previous month. The trade balance is expected to show a deficit of 19.9 billion Hong Kong dollars following the shortfall of 21.8 billion Hong Kong dollars.
by RTT Staff Writer
For comments and feedback: contact editorial@rttnews.com
|
|
|
|
|
|
|