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Last Updated : Nov 16, 2016 12:32 PM IST | Source: Reuters

Trade deficit widens to $10.16 bn in October: Trade ministry

Merchandise exports grew 9.6 percent year-on-year to USD 23.5 billion in October, while imports expanded 8.11 percent year-on-year to USD 33.67 billion, the data showed.


India's trade deficit in October widened to USD 10.16 billion compared with USD 8.34 billion in the previous month as gold imports more than doubled to USD 3.5 billion from a year ago, government data showed on Tuesday.


Merchandise exports grew 9.6 percent year-on-year to USD 23.5 billion in October, while imports expanded 8.11 percent year-on-year to USD 33.67 billion, the data showed.



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First Published on Nov 15, 2016 06:35 pm
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