MNI BRIEF: Fed's Powell - Could Slow Cut Pace As Neutral Nears

MNI BRIEF: Powell Says Fed Has Broad Support For Independence

MNI: Banxico Cuts Official Interest Rate By 25 BPS TO 10.25%

CORRECTS-MNI: Fed Could Pause Cuts - Kugler

CORRECTS-MNI: Fed Could Pause Cuts - Kugler

MNI China Daily Summary: Thursday, November 14

MNI JAPAN Q3 REAL GDP +0.2% Q/Q; MNI MEDIAN +0.2%

MNI: FED BALANCE SHEET TOTAL ASSETS -$27B TO $6.967T IN WEEK

US EIA: CRUDE OIL STOCKS EX SPR +2.09M TO 429.7M NOV 08 WK

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

INDIA: Exports Surge in October as Trade Deficit Widens. 

INDIA
IndiaGlobalEM BulletBulletAPACEmerging Market NewsRegion
  • October’s exports for India surged +17.2% following the modest rise of +0.5% in September.
  • Engineering goods saw the largest alongside chemicals.
  • Imports rose also up +3.9% for the month, a rise from September’s +1.6%.
  • Higher oil and petroleum imports were the largest contributor to the import result.  
  • The result saw India’s trade deficit widen to $27.13bn, a rise from the prior month’s $20.78 and ahead of market expectations.  
66 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • October’s exports for India surged +17.2% following the modest rise of +0.5% in September.
  • Engineering goods saw the largest alongside chemicals.
  • Imports rose also up +3.9% for the month, a rise from September’s +1.6%.
  • Higher oil and petroleum imports were the largest contributor to the import result.  
  • The result saw India’s trade deficit widen to $27.13bn, a rise from the prior month’s $20.78 and ahead of market expectations.