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India's September merchandise trade deficit widens to $30.21 billion
NEW DELHI: India’s merchandise trade deficit widened to $30.21 billion in September from $26.86 billion in the previous month as imports grew faster than exports, government data on Thursday showed. Economists had expected the merchandise trade deficit to amount to $30.4 billion, according to a Reuters poll. Merchandise exports rose to $44.40 billion in September from $43.81 billion in the previous month, government data showed, while imports increased to $74.61 billion against $70.67 billion in August. The higher goods deficit coincided with an intensifying US-Iran conflict that has exacerba...
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