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BusinessLogr > Economy > September exports plunge 24.3% on weak global demand
Economy

September exports plunge 24.3% on weak global demand

deep
Last updated: 2015/12/08 at 6:07 PM
deep Published December 8, 2015
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September exports plunge 24.3% on weak global demand

Merchandise exports shrank nearly a quarter in September from a year ago, government data showed on Thursday, on weak global demand.

The trade deficit narrowed to $10.48 billion last month from $12.5 billion in August mainly on lower gold and oil imports, the data released by the Ministry of Commerce and Industry showed.

Imports fell 25.42 per cent from a year earlier to $32.32 billion, while exports stood at $21.84 billion, the data showed.

 

[“source-businesstoday”]

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TAGGED: on weak global demand, September exports plunge 24.3%
deep December 8, 2015
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