India & China inflation readings are worlds apart, India is playing catch-up after Covid: Moody's Analytics
Moody's Analytics reports contrasting retail inflation outlooks for India and China, with China experiencing minimal inflation due to demand shortages and falling pork prices, while India's inflation remains around 5%, nearing the upper limit of the RBI's tolerance band. India's recovery from the pandemic-induced economic downturn is slow, with output still 4% lower than pre-pandemic levels.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
