NEW DELHI: India's business deficit widened to four month high of $14.62 billion in May as imports surged just about 15 in step with cent, the federal government mentioned on Friday.
Commerce Minister Suresh Prabhu mentioned exports in May rose by 28.18 in step with cent to $28.86 billion whilst imports were up 14.85 in step with cent to $43.48 billion.
Trade deficit widened to $14.62 billion from $13.84 billion in May 2017.
Oil imports were up 49.46 in step with cent to $11.5 billion on again of surge in global crude costs.
Gold imports were up 16.6 in step with cent to $1.18 billion in May.
Commerce Minister Suresh Prabhu mentioned exports in May rose by 28.18 in step with cent to $28.86 billion whilst imports were up 14.85 in step with cent to $43.48 billion.
Trade deficit widened to $14.62 billion from $13.84 billion in May 2017.
Oil imports were up 49.46 in step with cent to $11.5 billion on again of surge in global crude costs.
Gold imports were up 16.6 in step with cent to $1.18 billion in May.
Trade deficit at 4-month high of $14.62 bn in May
![Trade deficit at 4-month high of $14.62 bn in May]()
Reviewed by Kailash
on
June 17, 2018
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