India's Nov trade deficit hits 18-month high of $16.86 billion

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Reuters NEW DELHI
Last Updated : Dec 15 2014 | 6:26 PM IST

NEW DELHI (Reuters) - India's trade deficit widened to an 18-month high of $16.86 billion in November, government data showed on Monday.

Merchandise imports grew 26.79 percent last month year-on-year to $42.82 billion. Exports, meanwhile, grew a tepid 7.27 percent on year to $25.96 billion.

(Reporting by Rajesh Kumar Singh; editing by Malini Menon)

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First Published: Dec 15 2014 | 6:18 PM IST

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