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Emerging Asia Economics Update

Emerging Asia Economics Update

India's growth is set to ease further, but only temporarily

GDP numbers released today show that growth in India eased slightly in Q1 2011. We expect it to fall further in the first six months of this financial year, which runs from April 2011 to March 2012, but to recover after that. Meanwhile, inflation is set to remain uncomfortably high, warranting continued policy tightening by the central bank (RBI).

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This article is tagged with the following subjects: Emerging Asia and Australasia, Growth, India, Macro-economics
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