Economists surveyed by Bloomberg had projected a deficit between $24 billion and $30 billion. The median estimate was $27.2 billion.
India's trade deficit in May surged to $28.21 billion, surpassing the median economist estimate of $27.2 billion. This significant increase was primarily fueled by a substantial 20.6% rise in imports during the month. Despite topping median forecasts, the actual deficit remained…
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