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Economic dataEconomic Times

India consumption strong but rural demand faces inflation risks

Negative-51

GreyOak summary

A report by 360 ONE Capital states India's consumption growth remains resilient due to rising aspirations and digital adoption. However, rural demand faces risks from food inflation and lower rainfall linked to the Super El Nino cycle.

What it affects

  • CPI inflationNegative -51

    Food inflation constrains rural consumption.Rolling sentiment Negative -61

Source

Read the original at Economic Times

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