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Rediff.com  » Business » India's trade deficit widens to three-month high in May

India's trade deficit widens to three-month high in May

By Manoj Kumar and Rajesh Kumar Singh
June 15, 2016 20:35 IST
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Imports dropped 13.16 per cent year-on-year

India's trade deficit widened in May to $6.27 billion, its highest in three months, government data showed on Wednesday.

Exports shrank an annual 0.79 per cent to $22.17 billion last month.  Imports dropped 13.16 per cent year-on-year to $28.44 billion, the data showed.

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Manoj Kumar and Rajesh Kumar Singh
Source: REUTERS
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