Skip to main content

India's industrial recovery remains fragile, rate cut likely

Better-than-expected industrial production data have provided some cause for market cheer in India. However, a close look at the data underlines how fragile the recovery remains. We continue to expect the key policy rate to be cut in a week’s time.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.