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7th Apr 2022 00:10Emerging Asia, Daily Monitor

India's PMI data show a solid finish to Q1, with little real damage from Omicron during the quarter...

...But the PMIs suggest that GDP expectations for Q1 are on the high side; we see growth of just 1.8%.

The details show that catch-up growth is no longer in play, and that costs pressures are still rising fast.

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