Economic dataBusinessLine
India exports hit record $90bn; merchandise deficit widens
Positive+772 sources
GreyOak summary
India's merchandise exports reached a record $90 billion in October, yet the trade deficit widened to $39.88 billion due to surging imports. Gold imports nearly tripled to $5.51 billion driven by festive demand, while services exports grew to $40.51 billion, creating a surplus that partially offset the goods deficit.
What it affects
- Trade and current accountPositive +77
Merchandise deficit widened to $39.88 billion.Rolling sentiment Positive +34
