NEW DELHI, Sept. 14 (UPI) -- Soaring oil import costs drove up India's trade deficit, during the April through August period, by 79.2 percent.
During that period India's trade deficit widened to $17.4 billion, a 79.2 percent hike, the Economic Times reported Wednesday. All but $1 billion was for oil imports.
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The trade deficit for the comparable period in 2004 was at $9.7 billion.