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Rajeev Malik: Malady of interpretations

The controversy surrounding the official change in the reporting of the monthly international trade data raises important concerns about the long-standing issues about the quality of data and the official interpretation of the data.  Tracking high-frequency trade data is becoming more important as India increases its global trade linkages. The performance of exports indicates the pace of activity in the export sector and its likely impact on industrial production, and whether movements in the rupee could impact shipments. Import data can give hints about the underlying strength of ...