Exports dip for seventh month, raising CAD worries
fe Bureau: New Delhi, Dec 12 2012, 01:33 IST
are getting reflected on the industrial production numbers as well.
“The situation in the US and EU has not changed much and the contraction still continues. In April-September, overall exports have declined by 10% compared to same period of previous year. The decline was quite fierce for the EU by 20% and the US by 8%. Combined US and EU exports have declined by almost 16% as compared to previous years,” said Apparel Export Promotion Council. chairman A Sakthivel.
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