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Economy News

The Economic Times

Economy / The Economic Times

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Inflation in drivers seat likely to stall discretionary spend

While consumer demand had started improving over the past four months after a prolonged slowdown, rising crude oil prices, supply disruptions and Prime Minister Narendra Modis recent call for austerity could threaten to derail that recovery, said executives and analysts. The impact is expected to be sharpest in electronics.

13 May 2026 5:30 am