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- India’s exports declined 9.3% in August, and the trade deficit reached a 10-month high.
- India’s trade deficit widened to a 10-month high of $29.7 billion in August.
- India’s imports reached a record high of $64.4 billion on the doubling of gold inflows.
- The exports have contracted for the second month to $34.7 billion.
- Merchandise exports contracted 9.3 percent to $34.7 billion in August.
- Imports grew 3 percent yearly, and gold imports touched $10 billion in August.
- Petroleum products contracted 37.5 percent in August at $5.95 billion.
- Petroleum, gems, and jewellery saw a massive contraction of 23 percent at 1.9 billion in August.
- Non-petroleum and non-gems and jewellery exports grew 2.4 percent at $26.76 billion.
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