Economic slowdown due to host of structural, cyclical factors: SBI study

The study said there are clearly a host of structural factors that are holding back current consumption

 

The current economic slowdown can be attributed to a combination of structural and cyclical factors, in addition to global uncertainties, an SBI study said on Wednesday.

The country's economy is showing signs of slowdown, with hi-frequency indicators like industrial output posting subdued growth and automobile sales touching historical lows.

"The reasons for the current domestic slowdown, apart from the global uncertainties look like a combination of both structural and cyclical factors," SBI said in