India's Trade Deficit Widens in August

By Rajesh Roy Features Dow Jones Newswires

India's exports grew 10.29% from a year earlier to $23.81 billion in August, government data showed Friday.

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That marked a year of rising exports, and was higher than July's 3.9% rise.

Imports rose 21% to $35.46 billion, widening the trade deficit to $11.64 billion from $7.7 billion a year earlier.

The faster growth in exports will provide relief to policymakers as they look for drivers to strengthen an economy struggling due to weak domestic demand.

Write to Rajesh Roy at rajesh.roy@wsj.com

(END) Dow Jones Newswires

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September 15, 2017 09:43 ET (13:43 GMT)