India updates merchandise trade indices base year to FY23; new series may alter real export growth readings

India has updated its trade index base year to FY23 to better reflect a shift toward electronics and chemicals, a move likely to impact real GDP calculations.

Feb 21, 2026 - 01:00
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India updates merchandise trade indices base year to FY23; new series may alter real export growth readings
India has updated its trade index base year to FY23 to better reflect a shift toward electronics and chemicals, a move likely to impact real GDP calculations.

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