Sunday, 15 January 2023

ExplainSpeaking | Inflation moderating, but the big worry this year is growth: Here’s why

 



India's core inflation picture suggests that while headline inflation may no longer be as big a worry as it was earlier, higher prices have seeped through in the broader economy.

 

Essentially what India is likely to experience in 2023 is elevated core inflation — read higher prices across the board — and this will curtail consumption and dampen the demand among businesses to invest in new capacities. But there are three other big factors that are likely to drag down India’s economic growth in 2023.

 
 
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