India Economics – Macro Indicators Chartbook_ Growth Momentum Improves; Support for Macro Stability

M Foundation Officials are examining whether the gold movements within SEZ's are double counted. located at the end of this report. 2 Our View Inflation – uncertain global environment adds a layer of challenge: The outlook hinges on food inflation, which constitutes the bulk of the CPI basket. As such, with an improved outlook for summer and winter crops, we expect food inflation to moderate in the next 12 months. Further, while core inflation has been trending down in the past 12 months, it is likely to fa ...