{"id":86020,"date":"2019-06-15T17:42:52","date_gmt":"2019-06-15T12:12:52","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=5868"},"modified":"2019-06-15T17:42:52","modified_gmt":"2019-06-15T12:12:52","slug":"trade-deficit-widens-to-15-36-bn-in-may","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/trade-deficit-widens-to-15-36-bn-in-may\/","title":{"rendered":"Trade deficit widens to $15.36 bn in May"},"content":{"rendered":"\n
  1. According to data released by the Ministry of Commerce,India\u2019s trade deficit has widened to a six-month high of $15.4 billion in May,2019.<\/li>
  2. The trade deficit has widened due to import growth outpacing export growth following a 37% jump in gold imports.<\/li>
  3. The rising crude oil prices due to sanctions on Iranian oil imports could further increase imports and put pressure on India\u2019s current account deficit.<\/li>
  4. Further,India\u2019s exports also grew by 3.93% following a growth in many key sectors such as engineering goods, iron ore and leather products.<\/li>
  5. However,escalating trade war between the US and China and rising protectionism have cast a shadow on India\u2019s prospects for higher exports.<\/li>
  6. A trade deficit is an economic measure of international trade in which a country\u2019s imports exceed its exports.A trade deficit represents an outflow of domestic currency to foreign markets.<\/li><\/ol>\n

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    According to data released by the Ministry of Commerce,India\u2019s trade deficit has widened to a six-month high of $15.4 billion in May,2019. The trade deficit has widened due to import growth outpacing export growth following a 37% jump in gold imports. The rising crude oil prices due to sanctions on Iranian oil imports could further… Continue reading Trade deficit widens to $15.36 bn in May<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[3258],"class_list":["post-86020","post","type-post","status-publish","format-standard","hentry","category-economy","tag-trade-deficit","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704675956},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86020"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86020\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}