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India’s Trade Deficit Widens More Than Expected
India's October merchandise trade deficit widens to $27.14 bln
India's merchandise trade deficit in October widened more than expected to $27.14 billion, driven by a rise in imports despite exports increasing year-over-year.
India’s Trade Deficit Widens More Than Expected in October
India’s trade deficit widened significantly in October as imports climbed during the Hindu festival season, even though exports posted robust growth.
India's goods trade gap widens to $27.14 billion in October as imports outpace exports
Despite the volatile global atmosphere, Indian exporters have been able to overcome that situation and deliver, Commerce Secretary Sunil Barthwal said.
‘Extremely good month…’: India’s trade deficit down to $27.14 billion in Oct on a yearly basis
In the April-October period, exports increased 3.18 per cent to $252.28 billion and imports by 5.77 per cent to $416.93 billion.
India’s trade deficit swells to $27.1 bn in October, exports rise 17.3%
Merchandise imports increased by 3.9% to $66.34 billion in October, compared to $63.86 billion in the same month last year.
India's trade deficit narrows to $27.14 bn on a yearly basis in October
India's merchandise trade deficit in October stood at $27.14 billion, according to a Reuters calculation based on export and import data released by the government on Thursday.
India's trade deficit widens to over $27 billion in October
India's merchandise trade deficit widened to $27.14 billion in October, significantly up from $20.8 billion in September due to a faster growth rate in imports, data released today shows. A merchandise trade deficit occurs when a country imports more goods than it exports.
INDIA: Exports Surge in October as Trade Deficit Widens.
October’s exports for India surged +17.2% following the modest rise of +0.5% in September.Engineering goods saw the largest alongside chemicals. Imports rose also up +3.9% for the month, a rise from September’s +1.
India's October merchandise trade deficit at $27.14 billion
India's merchandise trade deficit in October widened more than expected to $27.14 billion, according to a Reuters calculation based on export and import data released by the government on Thursday. Economists had expected the country's October trade deficit to be $22 billion,
India Oct Trade Deficit $27.14B vs. $30.43B a Year Earlier
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More. Back To Top
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