![BT Three Minute Markets Update show](https://d3dthqtvwic6y7.cloudfront.net/podcast-covers/000/019/989/small/bt-financial-chris-caton-market-updates.jpg)
Summary: November trade deficit $48.7bn - widest since April and the largest one-month increase since Jan 2011: up 16%; consensus expecting $41.3bn after October's $42.1bn. December import price index -0.1% with concensus expecting +0.1%, annualised figure an encouraging -1.5%.