Trade deficit rises to record $26.1 billion in June as imports surge, up 172% YoY - Moneycontrol

The massive rise comes as a result of refined petroleum imports almost doubling to $21 billion in June, while coal imports shot up by 260 percent.

India's merchandise trade deficit rose to a record $26.1 billion in June 2022, 172 percent higher than June 2021 as a continuing global commodity supercycle kept the prices of key energy and metal im… [+3639 chars]

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