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7 months ago
India's trade deficit narrows to $10.37 billion in December
January 13, 2017 / 12:47 PM / 7 months ago

India's trade deficit narrows to $10.37 billion in December

Workers unload sacks containing sugar from a handcart at a wholesale market in Ahmedabad, India, August 5, 2015.Amit Dave

NEW DELHI (Reuters) - India's trade deficit narrowed to $10.37 billion in December from provisional $13 billion a month ago, government data showed on Friday.

Merchandise exports INEXP=ECI grew 5.72 percent year-on-year to $23.88 billion last month, while imports INIMP=ECI rose 0.46 percent year-on-year to $34.25 billion, the data showed.

Reporting by Rajesh Kumar Singh; Editing by Malini Menon

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