Exports growth slows to 2.4% in August

India's annual merchandise exports growth slowed down to 2.35 per cent in August, compared with a 7.3 per cent year-on-year increase in July, government data showed on Monday.

Merchandise exports last month were $26.96 billion, data released by the Ministry of Commerce and Industry showed.

The trade deficit narrowed to $10.84 billion, from $12.23 billion in July.

(Reporting by Rajesh Kumar Singh; editing by Malini Menon)