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India's October trade deficit widens to near three-year high of $14.02 billion

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Reuters NEW DELHI
Last Updated : Nov 14 2017 | 5:43 PM IST

NEW DELHI (Reuters) - India's trade deficit widened to $14.02 billion in October, its highest since November 2014, from $8.98 billion in the previous month, government data showed on Tuesday.

Merchandise exports for October fell 1.12 percent from a year ago to $23.1 billion.

Goods imports last month were $37.12 billion, a gain of 7.6 percent from a year ago, data from the commerce and industry ministry showed.

(Reporting by Manoj Kumar; Editing by Malini Menon)

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First Published: Nov 14 2017 | 5:28 PM IST

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