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What is Economic Recovery and Inflation Trends about?

The Indian economy has slowed to sub-5% growth over the last two years due to both domestic and external factors. Inflation remains above comfort levels, driven primarily by high food inflation. However, improvements are visible on the fiscal front with declining fiscal deficits, and in the current account balance, which declined to 1.7% of GDP. Early signs of growth pickup are visible but sustained recovery depends on easing structural constraints.

Author

VaibhavChauhan

Language

EN