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Lower inflation and rates likely to boost FY26 private consumption
short by System User / on Thursday, 9 January, 2025
Healthy farm incomes are expected to support rural incomes in the next fiscal (FY26). Additionally, lower inflation and potential interest rate cuts could enhance purchasing power for discretionary spending in India, according to a report released on Wednesday. This fiscal, real private consumption growth revived to 7.3 percent from 4 percent in the previous fiscal.