Exports dip 11%, imports grow by 5%
October 11, 2012  13:43
In other news: India's exports continued to decline for the fifth month, contracting 10.78 per cent to USD 23.69 billion in September due to slowdown in the western economies. The exports in September 2011 had totalled USD 26.56 billion. However, imports grew by 5 per cent to USD 41.77 billion from USD 39.75 billion in September 2011, resulting in a trade deficit of USD 18 billion for the month.
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