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HomeBusinessJuly Preliminary Trade Deficit Widens To $31 Billion

July Preliminary Trade Deficit Widens To $31 Billion


July’s merchandise imports rose to $66.26 billion.

New Delhi:

The July commerce deficit widened to $31.02 billion, pushed by an increase in crude oil and coal imports, from $10.63 billion a 12 months earlier, a authorities official stated on Tuesday.

July’s merchandise imports rose to $66.26 billion, whereas exports rose at a slower tempo to $35.24 billion, B.V.R Subrahmanyam, India’s commerce secretary, instructed reporters whereas sharing preliminary information compiled by the Ministry of Commerce and Industry.



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