Trade deficit shoots up 62% YoY to $25.6 billion in June - Moneycontrol

The issue has again caught the attention of the Prime Minister’s Office as the government expects the trade deficit to widen in the near term, and efforts are on to quickly address it, officials have told Moneycontrol.

India's merchandise trade deficit rose to $25.6 billion in June 2022, 62 percent higher than June 2021 as a continuing global commodity supercycle kept the prices of key energy and metal imports high… [+3617 chars]

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