Article
India’s economic outlook
January 2023
With an impending global economic slowdown, it is unlikely that India will remain insulated from these developments. The good news is that recent data suggest some signs of easing headwinds. Global inflation may have peaked, partially because of the high base effect.
For India, easing headwinds will be critical as global exigencies are the primary factors that weigh on the economy’s outlook. Growth is expected to remain relatively strong, but not as high as perceived earlier.