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Economy News

The Economic Times

Economy / The Economic Times

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Indians are growing more pessimistic about the economy. RBI Survey shows why

Urban consumers grew more pessimistic about the economy, jobs, and spending in May, with the Current Situation Index falling for the third consecutive round. Professional forecasters also lowered India's growth outlook for 2026-27 to 6.5%, citing emerging signs of softer demand and weakening sentiment.

8 Jun 2026 12:44 pm