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


NEW DELHI 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 percent to $22.17 billion last month. Imports dropped 13.16 percent year-on-year to $28.44 billion, the data showed.

(Reporting by Manoj Kumar and Rajesh Kumar Singh; Editing by Malini Menon)

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