Our India Chart Pack has been updated with the latest data and our analysis of recent developments.
India’s economy has grown at a healthy clip over recent quarters and, with the help of government spending, we think it will continue to hold up well ahead of the upcoming general election. Given also that headline consumer price inflation is likely to remain above the 4% midpoint of the RBI’s 2-6% target range throughout the first half of this year, the RBI will be in no rush to loosen policy. We think rate cuts will only materialise in Q3, much later than in most other EMs.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services