Exports fall for 13th straight month, down 14.75% in December

India’s merchandise exports fell for the 13th consecutive month in December. During the 2008-09 global financial meltdown, the decline was for nine months in a row. Exports fell to $22.29 billion against $26.15 billion a year ago in December 2014, according to data released by the commerce ministry today. The last recorded growth in exports was over a year ago, when it rose 7.3% year-on-year. Read Articles