In September, India's merchandise trade deficit expanded to $30.21 billion from $26.86 billion in August. Exports experienced a notable boost, increasing by 23.04% year-on-year with total figures at $44.4 billion. The growing trade gap signals a significant difference between imports and exports, surpassing economists' expectations of a $30.4 billion deficit. Nonetheless, these figures suggest strong ongoing momentum in India's export activities. Merchandise imports rose to $74.61 billion in September from $70.67 billion in the previous month, while exports increased marginally to $44.40 billion from $43.81 billion. (ICE NEW DELHI)

Fonte notizia: Economic Times