×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

India’s July trade deficit at $10.8 billion

India’s July trade deficit at $10.8 billion
Comment E-mail Print Share
First Published: Mon, Sep 01 2008. 04 21 PM IST
Updated: Mon, Sep 01 2008. 04 21 PM IST
Reuters
New Delhi: India’s exports grew 31.2% in July from a year earlier to $16.35 billion but the trade deficit widened from June to $10.80 billion as higher oil imports weighed, data showed on Monday.
Imports were up 48.1% to $27.14 billion in July, while oil imports rose 69.3% during the month to $9.48 billion.
Exports during April to July were up 24.6% at $59.19 billion from a year earlier, while the trade deficit during the period widened to $41.23 billion from $27.35 billion in the same period the previous year.
Comment E-mail Print Share
First Published: Mon, Sep 01 2008. 04 21 PM IST
More Topics: India | Economy | Trade Deficit | Oil Imports | Exports |