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Rediff.com  » Business » Exports growth slows to 2.4% in August

Exports growth slows to 2.4% in August

September 15, 2014 18:05 IST
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India's annual merchandise exports growth slowed down to 2.35 per cent in August, compared with a 7.3 per cent year-on-year increase in July, government data showed on Monday.

Merchandise exports last month were $26.96 billion, data released by the Ministry of Commerce and Industry showed.

The trade deficit narrowed to $10.84 billion, from $12.23 billion in July.

(Reporting by Rajesh Kumar Singh; editing by Malini Menon)

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Source: REUTERS
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