India's Oct trade deficit widens to near three-year high of USD 14.02 billion
Goods imports last month were USD 37.12 billion, a gain of 7.6 per cent from a year ago.
India’s trade deficit widened to USD 14.02 billion in October, its highest since November 2014. (File Photo)
New Delhi: India’s trade deficit widened to $14.02 billion in October, its highest since November 2014, from $8.98 billion in the previous month, government data showed on Tuesday.
Merchandise exports for October fell 1.12 per cent from a year ago to $23.1 billion.
Goods imports last month were $37.12 billion, a gain of 7.6 per cent from a year ago, data from the commerce and industry ministry showed.
Read more...