Welcome to Applied Macroeconomic Centre

A theory is appropriate as long as it fits into the fact; when a theory doesn't fit in the fact, it's wise to walk with the fact.

Sunday, March 18, 2012

Trade gap rises...

Despite slower import growth compared to a year earlier, trade deficit rose to $5.0 billion in the first seven months of FY12, up from $4.3 billion in the same period of FY11 due to higher import growth (15.5%) as compared export growth (14.7%).

Here is the news link.

No comments:

Post a Comment