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Wednesday, December 2, 2009

Oct exports down 6.6 pct


Oct exports down 6.6 pct

NEW DELHI - India's exports fell an annual 6.6 percent in October to $13.19 billion, their 13th straight monthly fall, the government said on Tuesday.

Imports dropped 15 percent from a year earlier to $22 billion.

The trade deficit shrunk to $8.8 billion in October from $11.74 billion a year earlier.

Exports for April-October, the first seven months of the 2009/10 fiscal year, were down 26 percent at $91.05 billion from the same period in the previous year.

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