Economic dataBusiness Standard
India trade deficit hits 12-month high in October
Negative-42
GreyOak summary
India's trade deficit widened to a 12-month high of $39.88 billion in October as imports hit a record $89.35 billion. While exports also reached an all-time high of $49.47 billion, the deficit remains elevated. The services sector posted a surplus of $19.79 billion, offsetting some goods trade losses.
What it affects
- Trade and current accountNegative -42
Trade deficit widened to 12-month high.Rolling sentiment Neutral +7
