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India’s double-digit growth forecast in peril

India’s double-digit growth forecast in peril

High-frequency data are already pointing to a deepening contraction in retail activity in the week through April 18 relative to its pre-pandemic January 2020 level, said Bloomberg Economics’ Abhishek Gupta. That’s a key risk for an economy where consumption makes up some 60% of gross domestic product.


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26 April 2021, 07:17