India`s merchandise trade deficit at $19.37 billion in September
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India's merchandise trade deficit in September stood at $19.37 billion, according to Reuters calculations based on export and import data released by the government on Friday.
Economists had expected the country's September trade deficit to be $23.25 billion, according to a Reuters poll.
India's merchandise exports stood at $34.47 billion, while imports were $53.84 billion in September, government data showed. In the previous month, merchandise exports were $34.48 billion, while imports stood at $58.64 billion.
Services exports in September were $29.37 billion, while imports were $14.91 billion. In August, services exports were $26.39 billion and imports were $13.86 billion.
