High Inflation in India – A Threat to Growth and Development?. A2 Macro – January 2014. Indian Population. Population still rising but more slowly. Growth and Inflation in India. Inflation in India is among the highest in the Group of 20 leading economies. Causes of high Indian inflation.
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A2 Macro – January 2014
Population still rising but more slowly
Inflation in India is among the highest in the Group of 20 leading economies
Indian rupee has been falling consistently against the US dollar since late 2011. Good news for exporters perhaps but India is a net importer of food and energy.
And a lot of corporate India has taken loans over the past decade in foreign currency – debts harder to repay!
India needs to import crude oil, machinery and many other raw commodities