India’s exports declined about 16.7% in October 2022 compared with the year-earlier period. This is the first slide reported since February 2021.
October imports rose at a much milder pace than earlier, most likely because of softening commodity prices worldwide, and trade deficit widened by as much as 50%.
Retail inflation has been consistently above 7% the past few months, but stood at 6.8% in October 2022. Consumer inflation eased to 5.88% for November 2022.
Reference
The Hindu Explained | Why are India’s slowing exports a cause for concern?