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30th May 2022 00:10Emerging Asia, Daily Monitor, Weekly Monitor

GDP growth in India likely slowed to 3.4% in Q1, masking stability at the margins after a poor Q4.

We expect capex and trade to drive the quarterly bounce, while consumption stayed mostly firm.

Try not to lose sleep over the collapse in Thailand’s trade balance in April; ASEAN demand is reviving.

capex capital goods deficit downside risks exports gdp growth gdp report government government spending household spending india March net trade oil oil price private consumption q1 q2 q4 services surplus trade trade balance trade deficit

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Keywords for: India's Economy Stabilised in Q1, but Expect a Further Fall in Growth

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