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India's July trade deficit widened to $31.98 bln from $30.4 bln in June, above a median economist estimate of $30.5 bln, as imports outpaced exports. Exports rose 19.6% YoY to $44.24 bln while imports increased 17.5% YoY to $76.22 bln. Strong import

2026-08-13

India's July trade deficit widened to $31.98 bln from $30.4 bln in June, above a median economist estimate of $30.5 bln, as imports outpaced exports. Exports rose 19.6% YoY to $44.24 bln while imports increased 17.5% YoY to $76.22 bln. Strong import growth signals resilient domestic demand ahead of the festival season: vehicle sales are at record levels, credit growth hit a two-year high and GST receipts are rising at double-digit rates. Commerce Ministry secretary Rajesh Agrawal said export gains were led by oil products, electronics, engineering goods, gems and jewelry, iron ore, meat, dairy and poultry and seafood, with strong performance in Spain, Australia, Kenya and ASEAN markets.

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2026-08-13

The Central Bank of Türkiye has set a medium-term inflation target of 15% by the end of 2027, unchanged from previous expectations.

The Central Bank of Türkiye has set a medium-term inflation target of 15% by the end of 2027, unchanged from previous expectations.
2026-08-13

According to the Wall Street Journal, sources say Mexico is pushing for lower auto tariffs in the USMCA negotiations.

According to the Wall Street Journal, sources say Mexico is pushing for lower auto tariffs in the USMCA negotiations.
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