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    <title>INDIA’S FOREIGN TRADE: January 2019</title>
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    <description>Merchandise exports and imports for April-January 2018-19 both increased year on year, with imports growing faster and producing a larger overall trade deficit for the period. Non petroleum and non gems &amp; jewellery exports showed positive growth; oil imports fell in dollar terms for January but rose cumulatively; non oil/non gold imports recorded marginal monthly decline but cumulative growth. Services receipts and payments for December 2018 grew month on month yielding a services surplus. All data are provisional and based on RBI quarterly and month wise estimates, with January services estimated for the overall balance.</description>
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