Data Alert
India Jul svcs trade surplus $14.68 bln vs $13.80 bln Jun
This story was originally published at 20:26 IST on 30 August 2024
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--RBI: India Jul services trade surplus $14.68 bln vs $13.80 bln Jun
--RBI: India Jul services imports $15.90 bln, up 15.7% on year
--RBI: India Jul services imports $15.90 bln vs $15.02 bln Jun
--RBI: India Jul services exports $30.58 bln, up 16.6% on year
--RBI: India Jul services exports $30.58 bln vs $28.82 bln Jun
NEW DELHI – The services trade surplus rose to $14.68 bln in July from $13.80 bln the previous month, according to data released by the Reserve Bank of India today.
India's services exports rose 16.6% on year to $30.58 bln in July, while services imports also rose 15.7% on an annual basis to $15.90 bln in July. Services imports were up marginally from the previous month. Services imports were $15.02 bln in June. Services exports also rose from the previous month. Services exports were $28.82 bln in June.
The central bank releases provisional monthly data on India's services trade and this data may undergo revision when the Balance of Payments data is released on a quarterly basis. End
US$1 = 83.86 rupees
Reported by Pratiksha
Edited by Deepshikha Bhardwaj
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