India's trade deficit widens to $14.88 billion in December

NEW DELHI (Reuters) - India's trade deficit widened to $14.88 billion from $13.83 billion in the previous month, government data showed on Monday.

Merchandise exports for December rose 12.36 percent from a year ago to $27.03 billion.

Goods imports last month were $41.91 billion, a gain of 21.12 percent from a year ago, data from the commerce and industry ministry showed.

(Reporting by Nidhi Verma and Neha Dasgupta; Editing by Malini Menon)