Pantheon Macroeconomics

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29th Nov 2023 21:20Emerging Asia, Daily Monitor

  • GDP growth in India slowed trivially in Q3, to 7.6%, but the flattery of discrepancies remains absurd.
  • The drop in consumption growth is no one-off; finances are weakening and the credit binge is over.
  • The impact of tightening is surfacing more clearly in M3, with cash growth down and deposit growth up.

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Keywords for: 1 December 2023 Emerging Asia Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence