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India’s exports hit a 10-year November high at $38.13 billion, imports dip slightly. Wholesale inflation drops to -0.32%, signaling easing pressure. Food prices stabilize, indicating strong supply and improving economic conditions in the rural and urban sectors.
Exports Climb, Inflation Falls
New Delhi: According to the latest data released by the government on Monday, India's exports increased by 19.37% in November 2025, reaching US$38.13 billion. Imports, however, decreased by 1.88% to US$62.66 billion. Commerce Secretary Rajesh Agarwal stated that the November exports compensated for the losses incurred in October. This is the highest export figure for the month of November in the last 10 years.
The trade deficit in November stood at US$24.53 billion. During the current financial year, from April to November, total exports registered a growth of 2.62%, reaching US$292.07 billion. Imports during the same period increased by 5.59% to US$515.21 billion.
In November 2025, the Wholesale Price Index (WPI) inflation rate decreased by 0.32%, falling into negative territory. In October, the rate was 1.21%. The decline in wholesale inflation is primarily attributed to a fall in the prices of mineral oils, food articles, crude petroleum, and natural gas.
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Specifically, while there was a slight increase in inflation in November, overall inflation has decreased. Currently, the wholesale inflation rate remains below zero, which is a sign of relief for consumers and the economy.
The November figures indicate that the worst of the inflation period is now behind us. Although food prices still exert pressure, their rate of increase has slowed considerably compared to earlier periods.
The food price index, in particular, played a significant role in bringing down wholesale inflation. Vegetable prices remained stable, with prices of potatoes and onions significantly lower than last year. This suggests that their supply remained strong and adequate.
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Export Growth: Highest exports in November in the last 10 years. Import reduction: Despite a slight dip, imports increased during the April-November period.
Trade deficit: $24.53 billion in November.
Inflation decline: Wholesale inflation is in negative territory, and food prices are stable.
Strong supply: Adequate supply of food items, including potatoes and onions.
These figures indicate that the Indian economy is performing strongly on the export front and inflationary pressures are gradually easing.
