Hello India, stagflation is here! Nomura says from RBI survey
NEW DELHI: Stagflation is a double-edged sword and it’s here, at least this is what the RBI’s recent survey on households suggests. Nomura India, however, says it may be transitory. It believes supply-chain disruptions during the pandemic are largely to blame for the outcome. Stagflation occurs when economic output stagnates but inflation keeps rising. It … Read more