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15th Nov 2023 18:52Emerging Asia, Daily Monitor

  • India’s trade deficit plunged to an historic low of -$31.5B in October, due partly to painful seasonals.
  • Negative oil effects will soon reverse, and we welcome the October bounce in non-oil imports.
  • Upstream price pressures remain benign, making soon-to-be-sticky CPI inflation easier to swallow.

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Keywords for: 16 November 2023 Emerging Asia Monitor

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