Trade deficit widens to 1-year high
India’s merchandise trade deficit widened to a one-year high of $39.88 billion in October, exceeding economists’ expectations as imports rose faster than exports, according to government data released…
Attributed summary
India’s merchandise trade deficit widened to a one-year high of $39.88 billion in October, exceeding economists’ expectations as imports rose faster than exports, according to government data released on Friday.The deficit increased from $30.21 billion in September and was higher than the $33 billion recorded in October 2025. Economists had forecast the October deficit at $32.25 billion, according to a Reuters poll.Merchandise exports rose to $49.47 billion from $44.40 billion…
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