MANILA, May 6 (Reuters) - The Philippines trade deficit
widened slightly in March as both exports and imports contracted
sharply, the statistics agency said on Wednesday.
Exports shrank 24.9% in March compared with a year earlier,
the biggest fall in more than eight years, while imports
contracted 26.2%, the steepest drop in nearly a decade.
That resulted in trade deficit of $2.38 billion, slightly
wider than previous month's $1.65 billion gap.