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Emerging Asia Economics Update

Emerging Asia Economics Update

Rising downside risks to growth in India

Wholesale price data for October, released today, suggest India’s inflation rate is still not at a turning point. Meanwhile, recent evidence shows economic activity has slowed more steeply than expected, increasing the risk that GDP growth will fall short of our 7.5% forecast for this year.

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