Trade News
06 December 2022 • 1 阅读分钟数
Indian Economy Outlook – October 2022
Economies all over the world have adapted to external developments. It is difficult to predict the future as capitalism remains the longest running experiment in recent memory.
There is still a lot of work to be done by the policy makers to achieve the inflation target of 2-4 percent.
The Indian economy is among the few bright spots in the world. The policy makers in the government and decision makers at businesses base their decisions and forward-looking statements after analysing relevant data.
Inflation may have peaked after continuous rise over the past few months. As a result, the government has gained some liberty for its budget calculations. Merchandise exports in October 2022 were U.S. dollars 29.78 billion, as compared to U.S. dollars 35.73 billion in October 2021.