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India's current account deficit slightly decreased to $11.2 billion in Q3, despite a larger trade deficit.
India's current account deficit (CAD) for the July-September quarter of 2024-25 decreased slightly to $11.2 billion (1.2% of GDP), down from $11.3 billion (1.3% of GDP) in the same quarter last year.
Despite a larger trade deficit, the improvement was due to higher services income and remittances.
The CAD may increase in the next quarter due to a record-high trade deficit in November.
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El déficit en cuenta corriente de la India disminuyó ligeramente a 11.200 millones de dólares en el tercer trimestre, a pesar de un mayor déficit comercial.