India's Exports Growth Slows in May

By Anant Vijay Kala Features Dow Jones Newswires

India's exports grew 8.3% from a year earlier to $ 24.01 billion in May, government data showed Thursday.

Continue Reading Below

That marked the ninth straight-month of increase, although it was significantly slower than April's 19.8% rise.

Imports jumped 33.1% to $37.86 billion, more than doubling the trade deficit to $13.84 billion from $6.27 billion a year earlier.

The slower rise in exports would raise concerns that international demand for Indian goods is cooling off.

Write to Anant Vijay Kala at anant.kala@wsj.com

(END) Dow Jones Newswires

Continue Reading Below

June 15, 2017 09:20 ET (13:20 GMT)