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India’s December trade deficit widens to $15.44 billion

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NEW DELHI: India’s trade deficit in goods widened to $15.44 billion in December as imports rose to $42.59 billion, pushed by a surge in gold imports, while merchandise exports were up marginally, revised data released by the government on Friday showed.
The merchandise trade deficit was $12.49 billion in December 2019.
The merchandise exports rose 0.14% in December from a year earlier to $27.15 billion, the data showed.

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