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  • ‘Rural demand presumably recovered’
    Posted on July 1st, 2025 in Exam Details (QP Included)

    • RBI officials report resilient economic activity in India across industrial and services sectors.

    • Provisional estimates confirm growth at 6.5% in 2024-25, with a significant sequential pickup in Q4.

    • The overall expansion in activity was the highest in India, with the expansion in new export orders being an outlier.

    • Manufacturing firms’ capacity utilization remained above the long-period average.

    • High-frequency indicators suggest a pickup in rural demand, especially in the agricultural sector.

    • Agriculture showed a broad-based increase in production across most major crops during 2024-25.

    • Consumer sentiment surveys show stable consumer confidence and improved optimism.

    • Moderation in pulse prices and marginal rise in cereal prices up to June 20.

    • Protracted trade policy uncertainties and rising trade barriers pose risks to the global economy.

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