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Risk of stagflation in India lowers further, say RBI officials

Risk of stagflation in India lowers further, say RBI officials
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rbi: Stagflation risks in India low: RBI paper - The Economic Times

The empirical findings suggest supply-side shocks such as spikes in commodity prices along with tighter financial conditions and relatively higher depreciation of domestic currency are the major determinants of stagflation risk in India, concluded a paper written by Deba Prasad Rath, Silu Muduli and Himani Shekhar in a paper titled ‘Low Stagflation Risk in India. ....

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