Courtesy of our friends at Livesquawk 13 Jan
– trade balance deficit reduced to -$10.37bln
– exports up 5.72% yy
– imports up 0.46% yy
– Apr-Dec exports $198.8bln. +0.75% yy
Softer gold imports perhaps reflecting the lack of cash in the system after PM Modi’s anti-corruption/tax-evasion measures.