Pantheon Macroeconomics

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20th Jan 2025 18:25Emerging AsiaDaily Monitor

  • India’s volatile gold imports corrected sharply in December, but their upward normalisation is intact.
  • Total exports enjoyed a solid Q4, as the goods side revived, though services faltered heading into 2025.
  • Net trade should hit Q4 GDP by 0.2pp, down from +1.5pp in Q3, due to adverse import base effects.

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Keywords for: 22 January 2025 Emerging Asia Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence