Merchandise exports touch 25-month low; trade deficit at new high of $37.84 billion amid gold rush

Gold imports fuelled the import spike as they hit a fresh peak of $14.9 billion, beating the previous high of $10.1 billion this August. The high imports were likely driven by festive and wedding-season demand

Dec 17, 2024 - 17:00
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Merchandise exports touch 25-month low; trade deficit at new high of $37.84 billion amid gold rush
Gold imports fuelled the import spike as they hit a fresh peak of $14.9 billion, beating the previous high of $10.1 billion this August. The high imports were likely driven by festive and wedding-season demand

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