Indicating a pick-up in economic activity, imports went up for the first time since February, rising 7.6% to $42.6 billion in December, while exports were 0.8% lower at $26.9 billion on account of lower shipment of oil products to the UAE and parts of Europe. As a result, trade deficit widened to $15.7 billion, the highest since January 2020.January 03, 2021 at 04:58AM
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