June trade deficit touches 11-month high at $11.76 billion
June trade deficit touches 11-month high at $11.76 billion
Even exports rose 10.2 per cent to $ 26.48 billion (YoY), but declined from $ 28 billion on a month-on month basis.

New Delhi: The June trade deficit touched 11-month high to $ 11.76 billion against $ 11.23 billion (MoM) and $ 11.28 billion (Y-o-Y). Though the imports dipped slightly to $ 38.24 billion against $ 39.23 billion on a month on month basis, it grew 8.3 per cent on a year on year basis.

Even exports rose 10.2 per cent to $ 26.48 billion (YoY), but declined from $ 28 billion on a month-on month basis.

For the first three months of the year (April-June), the trade deficit stood at $ 33.08 billion against $ 48.33 billion, exports rose 9.3 per cent to $ 80.11 billion, while the imports declined 6.9 per cent to $ 113.20 billion on a year on year basis.

The other data stood as follows

Oil imports at $ 13.3 billion Vs $ 14.46 billion (MoM)

Oil exports at $ 6.14 billion vs $ 5.9 billion (MoM)

Non-oil imports at $ 24.9 billion Vs $ 24.76 billion (MoM)

Gems, Jewellery exports at $ 3.31 billion vs $ 3.43 billion (MoM)

Silver imports at $ 212.8 million Vs $ 410 million (MoM)

Gold imports at $ 3.1 billion Vs $ 2.19 billion (MoM)

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