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April trade deficit widens to $15 billion; export, import register growth


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Overall, import growth hasn’t touched double-digit figures since October and the monthly trade deficit came in at $15.33 billion, up from $10.89 billion in March

There was disappointing news on the exports front in the new financial year as growth crashed to a four-month low of only 0.64 per cent in March, as sectors such as engineering goods and gems and jewellery suffered sharp contractions.

According to data released by the ...


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