India reports USD 2 billion current account deficit in May
pre-market1 source ↓written by the desknot a recommendation
India recorded a current account deficit of USD 2 billion in May 2026, driven by a widening merchandise trade gap. The trade deficit increased to USD 27.9 billion, up from USD 22.6 billion a year ago, despite exports rising to USD 46.1 billion.
This deficit contrasts with a current account surplus of USD 2.8 billion for the April-May 2026 period, indicating mixed economic signals for traders.
Not investment advice. For informational purposes only.