India Data Hub · Macro Data
India's merchandise imports jump to 10% in April from -6.51%
Imports rebound sharply from contraction, signaling strengthening demand.
The read
India's merchandise imports rose to 10% in April, swinging from a contraction of -6.51% in the prior period. The rebound indicates a revival in domestic demand. Without a forecast for reference, the jump signals a reversal of the earlier weakness.
Key numbers
- Actual: 10
- Previous: -6.51