India inflation: Sky-high prices burn Indians’ pockets, drag savings to 30-year low amid K-shaped recovery
Indians are feeling the pinch of soaring prices, passed on by companies across industries to save their margins from high input costs. As the low-to-mid income generating population largely feels the heat, consumption is seeing a sharp slowdown, and household savings have dropped to a three-decade low. This broad-based moderation in consumption in recent quarters, … Read more
