Trade deficit narrows to 10-month low; exports grow marginally in Dec 2018

The country's exports growth remained almost flat in December 2018, recording a marginal expansion of 0.34 per cent to USD 27.93 billion, mainly on account of global trade tensions. Subdued exports and declining imports have narrowed the trade deficit to ten-month low of USD 13.08 billion in December 2018 as against USD 14.2 billion in the same month previous year.
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Business News,Financial News,Trade deficit,India's Trade deficit,India's exports,exports growth,Macro Economy,