India’s trade deficit narrows to $11.45 billion in July
Mon Aug 14 2017
Lucy Harlow (3602 articles)

India’s trade deficit narrows to $11.45 billion in July

India’s trade deficit narrowed to $ 11.45 billion in July from a month ago, following a slowdown in merchandise imports, government data showed on Monday.

The trade shortfall was $ 12.96 billion in June.

Asia’s third-largest economy imported goods worth $ 33.99 billion last month, up 15.42 percent from a year ago. The figure was lower than imports of $ 36.52 billion in June.

Gold imports, however, in July nearly doubled from last year to $ 2.1 billion. Merchandise exports for July came in at $ 22.54 billion, up 3.94 percent year-on-‘

Lucy Harlow

Lucy Harlow

Lucy Harlow is a senior Correspondent who has been reporting about Commodities, Currencies, Bonds etc across the globe for last 10 years. She reports from New York and tracks daily movement of various indices across the Globe

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