The U.S. goods and services deficit in February widened to $62.3 billion from $59.0 billion in January, as both imports and exports increased on the month, the Commerce Department reported yesterday.

Imports rose 3.1%, or $6.3 billion, to $213.7 billion, while exports increased 2.0%, or $3.0 billion, to $151.4 billion.

The imports gain was led by an increase in car imports, which offset a decline in oil imports, the first decline in the category in a year.

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