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India's services exports up 5.6% in February 2019

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Capital Market

India's services trade surplus improved 14.0% to US$ 71.83 billion in April-February 2019

As per the data released by the Reserve Bank of India, India's services exports increased 5.6% to US$ 16.58 billion in February 2019 over February 2018. Meanwhile, India's services imports declined 3.3% to US$ 9.81 billion in February 2019.

India's services trade surplus jumped 21.7% to US$ 6.78 billion in February 2019 from US$ 5.57 billion in February 2018.

India's services trade surplus improved 14.0% to US$ 71.83 billion in April-February 2019 over a year ago, as India's services exports moved up 18.3% to US$ 186.82 billion. India's services imports moved up 21.1% to US$ 114.99 billion in April-February 2019.

 

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First Published: Apr 15 2019 | 6:01 PM IST

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