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The Economic Times

National

India's trade deficit widens to $30.21 billion in September despite 23% jump in exports

India's merchandise trade deficit widened to $30.21 billion in September from $26.86 billion in August as imports grew faster than exports, government data released on Thursday showed, amid rising oil prices and supply disruptions linked to the escalating US-Iran conflict.

The deficit was broadly in line with economists' expectations of $30.4 billion, according to a Reuters poll.

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