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India's trade deficit widens to $14.62 billion in May

Updated : June 15, 2018 01:55 PM IST

The trade deficit widened to $14.62 billion driven mainly by a 50 percent surge in oil imports despite higher global prices.
Merchandise exports last month rose to $28.86 billion from a year ago, while imports rose 14.85 percent on year to $43.48 billion.
India's trade deficit widens to $14.62 billion in May
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