Smaller trade deficit is here to stay

India’s monthly goods trade deficit narrowed to a 17-month low in February and, with oil prices set to remain low, we think the shortfall will remain small over the coming months. In turn, that should help to keep the current account deficit at sustainable levels.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.