2 June 2026 Emerging Asia Monitor Expect India's Q1 GDP to be a letdown, and RBI to stay on hold

Our final forecast sees India’s Q1 GDP slumping to 6.4%, well short of the 7.2% consensus…
…We’re with the consensus that the RBI will hold; hawkish views look over-eager with CPI below 6%.
May CPI for the Philippines and Thailand should come in softer than expected, at 7.5% and 2.3%.

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