Indian Economic System News, Commerce News, Authorities Coverage And Economic Indicators
Real GDP superior at an annual rate within the 4th quarter of 6.9% and a 5.5% increase for the yr. Regionally and nationally, neither employment, labor drive participation nor the unemployment rate have recovered fully from their pre-recession levels. Concurrently, there have been increases in wages and the price stage, both for the producer and client.
There is concern that the genie has been let out of the bottle and that suppressing inflationary stress will now require a means more severe tightening of financial policy, even on the risk of slowing or reversing economic restoration...
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