Recessions in advanced economies may help cool inflation in India

Recessions in advanced economies may benefit India in a "perverse way" as a moderation in global commodities prices will help cool domestic inflation, according to Citigroup Inc

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India’s current account deficit could inch up to about 3.4% of gross domestic product in the fiscal year that ends in March, Samiran Chakraborty said. (Photo: Bloomberg)

2 min read Last Updated : Jun 27 2022 | 1:22 PM IST

Recessions in advanced economies may benefit India in a “perverse way” as a moderation in global commodities prices will help cool domestic inflation, according to Citigroup Inc.’s head of economics

Topics : Recession Citigroup Indian Economy US recession India inflation RBI

First Published: Jun 27 2022 | 1:22 PM IST

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Recessions in advanced economies may help cool inflation in India

Recessions in advanced economies may benefit India in a "perverse way" as a moderation in global commodities prices will help cool domestic inflation, according to Citigroup Inc

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