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y-o-y%  -16.3  -0.6  30.0  5.6  31.4  5.1  48.7  37.6  13.0  73.4  -2.7  -23.9  5.6  47.7  -30.7




 ▼  ▼  ▲  ▼  ▲  ▲  ▲  ▼  ▼  ▲  ▼  ▲  ▼  ▲  ▼



 Gross  FDI flows  (US$ billion)  84.8  71.4  70.9  4.5  8.0  5.0  6.0  7.3  7.9  7.3  5.2  8.6  6.0  6.5  5.4  6.6  5.8  NA  NA



 y-o-y%  -6.3  11.6  3.4  6.9  11.5  11.6  8.3  9.5  9.6  10.5  14.9  20.1  16.4  8.9  2.7  2.2  2.2  3.4





 ▼  ▲  ▲  ▼  ▲  ▲  ▼  ▲  ▲  ▲  ▲  ▲  ▼  ▼  ▼  ▼  ▲  ▲
 Foreign exchange  reserves  (US$ billion)  617.6  578.4  645.6  668.3  623.2  616.7  625.6  645.6  637.9  651.5  652.0  667.0  683.9  704.9  682.1  658.1  640.3  630.6  638.7  668.3









 EXTERNAL SECTOR   y-o-y%  Trade  Deficit  (US$ billion)  191.0  38.7  ▲  264.9  -9.0  ▼  241.1  17.2  ▲  282.6  18.8  -2.8  ▼  16.6  17.8  ▲  19.5  -19.1  ▼  15.3  32.9  ▲  19.2  -2.1  ▲  22.0  8.6  ▼  20.8  30.4  ▲  24.8  41.6  ▲  34.0  21.5  ▼  24.4  -14.2  ▲  26.1  50.0  ▲  32.0  10.2  ▼  20.7  39.2  ▲  23.0  -28.0  ▼  14.1  40.4  ▲  21.5 Sources: RBI, CMIE, SIAM, TMA, Ministry of Commerce, Airports Authority of India, Ministry of Railways, Indian Ports Association, CS














 y-o-y%  16.8  -5.3  6.2  2.0  13.7  -6.4  11.1  7.2  4.6  11.2  10.0  7.8  1.9  16.1  2.3  10.3  -16.3  11.4 ICEMA, PIB, Petroleum Planning & Analysis Cell, POSOCO, EPFO, Labour Bureau, CGA, Joint Plant Committee, nrega.nic.in Disclaimer: No part of this publication may be reproduced, stored in, or introduced into a retrieval system, or transmitted in any form or by any means




 ▲  ▼  ▲  ▼  ▲  ▼  ▼  ▲  ▼  ▲  ▲  ▼  ▲  ▼  ▼  ▲  ▼  ▲ The movement in arrows denotes the improvement/deterioration vis-à-vis the previous month. NA is not available
 Merchandise  imports  (US$ billion)  613.0  716.0  678.2  720.2  57.15  53.88  60.92  57.03  54.49  61.63  55.99  59.48  68.51  58.72  65.07  63.93  58.48  59.43  50.96  63.51







 y-o-y%  6.8  -3.1  0.1  4.3  11.9  -0.6  2.0  13.3  2.4  0.6  -9.9  -0.2  16.6  -5.3  -1.5  -2.5  -10.9  0.7




 ▲  ▼  ▲  ▼  ▲  ▲  ▼  ▲  ▼  ▼  ▼  ▼  ▲  ▼  ▲  ▼  ▲  ▲  arising out of the use of information provided herein.
 Merchandise  exports  (US$ billion)  422.0  451.1   437.1  437.6  38.4  37.3  41.4  41.7  35.3  39.6  35.2  34.7  34.5  34.3  39.0  32.0  37.8  36.4  36.9  42.0







 FY22  FY23    FY24  FY25  Dec-23  Jan-24  Feb-24  Mar-24  Apr-24  May-24  Jun-24  Jul-24  Aug-24  Sep-24  Oct-24  Nov-24  Dec-24  Jan-25  Feb-25  Mar-25



 46  QUARTERLY JOURNAL OF ECONOMICS
 APRIL 2025
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