Executive Summary
- The Indian government has implemented two key initiatives in the past 12 months that have had a negative impact on the economy: demonetization of high-value bank notes and putting into action a new goods and services tax (GST) regime.
- In 1Q18, India’s GDP growth was 5.7%, the slowest in 13 quarters.
- Other economic indicators, such as the CPI and the unemployment rate, seem to tell a more positive story.
This document was generated for
Other research you may be interested in:
February 2025 US Retail Sales Outlook: Growth Set for a Slowdown in February and March
US Tariffs: Who Wins, Who Loses and What It Means for the Economy
Analyst Corner: US Shoppers Are Worried About Higher Prices from Tariffs—Consumer Survey Insights with John Mercer
Analyst Corner: Three Technologies Driving the Future of US Retail, with Anand Kumar
