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Sri Lanka March trade deficit widens 22.5 pct yr/yr
May 30, 2012 / 11:03 AM / 6 years ago

Sri Lanka March trade deficit widens 22.5 pct yr/yr

COLOMBO, May 30 (Reuters) - Sri Lanka’s trade deficit widened 22.5 percent to $861.3 million in March from $703.4 million in the same month last year, the central bank said on Wednesday.

March imports edge up 3.9 percent to $1.7 billion from $1.63 billion a year earlier. Exports fell 10.2 percent to $835.7 million, compared with $930.8 million a year ago.

The trade deficit in the first three months of 2012 widened 44.8 percent to $2.56 billion. (Reporting by Ranga Sirilal and Shihar Aneez)

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