Trade deficit jumped in October after having fallen to a two-and-a-half-year low the previous month, as overseas purchases of gold picked up ahead of the festival season, provisional
government data showed on Monday.
The deficit for the month stood at $10.56 billion, compared with $6.7 billion in September, the trade ministry said.
Merchandise exports rose 13.47% year-on-year in October to $27.27 billion.
Imports fell 14.5% year-on-year to $37.83 billion.
