India's Economy Expected to Grow at Slower Pace in Q1 2024
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#827d3467 ver:0.51

India's economy expected to grow at a slower pace in Q1 2024, with GDP growth forecasted at 6.7% YoY. The slowdown is attributed to weak demand, particularly in manufacturing and urban spending. However, economic momentum is expected to remain strong, driven by state infrastructure spending and strong urban demand. Japan's service sector activity grew at the fastest pace in 8 months, with the final PMI rising to 54.3. Both countries are experiencing business growth and higher input prices. Positive economic indicators reflect the ongoing recovery and resilience of the Indian and Japanese economies. #India #Japan #economy...

#newstr #India #Japan #Economy #GdpGrowth #PurchasingManagers'Index #ServicesActivity #Manufacturing #UrbanSpending #ReserveBankOfIndia #BankOfJapan 

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