Home Business Export earnings in Sept drop 2.92% short of target

Export earnings in Sept drop 2.92% short of target

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Country’s export earnings in September of the financial year 2015-16 fell by 6.98 per cent to $2.37 billion from that of $2.55 billion in the same month of the FY 2014-15, according to the revised data of the Export Promotion Bureau released on Wednesday. Earlier on Tuesday, the EPB data showed that the single-month export earnings in September of the FY16 grew by 2.50 per cent to $2.61 billion from $2.55 billion in the same month of the FY15. It also showed that the earnings in September were 6.98 per cent higher than the government-set target of $2.44 billion for the month. According to the revised data, the earnings in September fell by 2.92 per cent short of the government-set target.