Trade
India’s July Trade Gap Widens as Weak Demand Drags Exports
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India’s trade deficit widened last month as exports and imports stayed weak on slowing demand.
The gap between exports and imports was at $20.67 billion in July, the Trade Ministry said on Monday. The reading is lower than a deficit of $20.9 billion seen by economists in a Bloomberg survey but is well above a $20.13 billion gap in June.