ExplainSpeaking: Inflation up, consumer sentiments down and GDP growth outlook tending towards the Hindu rate
According to the Centre for Monitoring Indian Economy’s (CMIE) Economic Outlook, consumer sentiments fell by 1.5 per cent in August 2023. The timing could not be worse since India is just starting its annual festive season — the period when the economy often witnesses a surge in shopping.
Source: indianexpress.com