Monday, September 07
The US trade deficit narrowed more than anticipated in August as imports fell, government data showed Wednesday, in a report that was delayed by a record government shutdown ending only last week.The 43-day stoppage had paused publications of federal economic data ranging from inflation numbers to retail sales, although reports are starting to trickle out again -- with key September employment figures due Thursday.In August, the overall US trade deficit narrowed more than analysts expected, reaching $59.6 billion on a notable drop in goods imports.Imports declined 5.1 percent to $340.4 billion, with goods imports decreasing $18.6 billion. Among sectors that saw pullbacks were industrial supplies and materials, alongside consumer goods.Exports edged up 0.1 percent to $280.8 billion due to a
Tomato prices have increased by nearly 50% during the last 10-15 days as supplies have reduced due to the impact of excess rainfall in October. According to the government data, the retail prices have shot up by 25% to 100% within a month in different states of the country, while the wholesale prices of tomatoes have increased by 45% in November over the previous month in Maharashtra, the key supply state and by 26% in Delhi, a major vegetable distribution hub for north India.The data about retail prices from the Ministry of Consumer Affairs shows that all India average retail prices have increased by 27% as on November 19 when compared to prices a month ago on October 19 from ₹36/kg to ₹46/kg. The highest increase of 112% has been seen in Chandigarh, while states like Andhra Pradesh,
