CAD widens to $13.2 billion in Q3 on higher trade deficit: RBI

New Delhi: India's current account deficit (CAD) inched up to USD 13.2 billion, or 1.3 percent of GDP, in the December quarter from USD 11.3 billion (1.1 percent of GDP) in the year-ago period, mainly due to higher trade deficit, according to RBI data released on Monday.

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However, the current account deficit moderated to USD 30.1 billion (1 percent of GDP) in April-December 2025, from USD 36.6 billion (1.3 percent of GDP) in the same period a year ago.

"India's current account deficit increased to USD 13.2 billion (1.3 percent of GDP) in Q3:2025-26 from USD 11.3 billion (1.1 percent of GDP) in Q3:2024-25," RBI's data on Developments in India's Balance of Payments said.

Merchandise trade deficit at USD 93.6 billion in the quarter was higher than USD 79.3 billion in the same period a year ago.

Net services receipts increased to USD 57.5 billion during the period from USD 51.2 billion a year ago, the Reserve Bank of India (RBI) said.

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