Exports sluggish, trade deficit widens to 6-month high in May

The trade deficit, which is the difference between exports and imports, rose to $15.4 billion in May, compared to $14.2 billion in the year-ago period. This is the widest trade deficit since November's $16.7 billion. Gold imports shot up by 37.4% during the month. Gold imports shot up by 37.4% during the month.

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