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Trade deficit shows economy is healing; Non-oil non-gold imports flat YoY

Updated : December 16, 2020 09:46:48 IST

The trade deficit is at a 10-month high and imports have risen. Overall imports are down by 13 percent, but it is because of fall in oil prices.

The non-oil imports is down only 1.2 percent and non-oil and non-gold imports are flat year-on-year (YoY) indicating an economic recovery.

CNBC-TV18’s Latha Venkatesh gets more details.
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