Inflation at 25-Month Low; Industrial Growth Jumps India’s retail inflation slowed more than expected to a 25-month low of 4.25% in May, close to the RBI’s target 4% rate. But experts don’t expect the central bank to start cutting interest rates any time soon. Recruiting Sentiment Improves for July-Sept India’s job market is likely to see an uptick in July-September, signalling a positive turnaround after two consecutive quarters of cooling down, a survey of 3,020 employers has revealed.
Source: The North Africa Journal June 13, 2023 12:19 UTC