India’s merchandise trade deficit narrowed to $26.86 billion in August, compared with $27.22 billion in the same month last year and $31.98 billion in July, according to data released by the Department of Commerce on Tuesday.The improvement came as merchandise exports grew substantially faster than imports during the month. India’s Trade Deficit Shrinks In August As Total Exports Jump 25.41 Per Cent To $82.68 Billion Key points and original sources are listed below.
- India’s merchandise trade deficit narrowed to $26.86 billion in August, compared with $27.22 billion in the same month last year and $31.98 billion in July, according to data released by the Department of Commerce on Tuesday.The improvement came as merchandise...S1
- India’s Trade Deficit Shrinks In August As Total Exports Jump 25.41 Per Cent To $82.68 BillionS2