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India Chart Pack (Apr. 2024)

Our India Chart Pack has been updated with the latest data and our analysis of recent developments.

India has been the star performer among major EMs over the past several quarters and the latest data suggest that the strength of economic activity has continued through to the eve of the election. Headline inflation is grinding back to the RBI’s 4% target and that suggests that a policy pivot is creeping closer. We think rate cuts will materialise from Q3.

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