India's Diamond Trade Slows in November

By Rapaport News / December 18, 2018 / www.diamonds.net / Article Link

RAPAPORT... The Indian trade fell by most key measures in November,according to data from the Gem & Jewellery Export Promotion Council(GJEPC). Polished exports slid to their lowest level since December 2016, when demand dropped in the aftermath ofIndia's banknote demonetization, while rough shipments alsodropped significantly. The year-on-year slumps come amid weaker demand forsmaller goods, and reflect the timing of Diwali, which occurred in November,while last year the festival was in October.
Millions unless stated otherwise

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