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HinduBusinessLine

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Corporate growth struggles as inflation dents purchasing power, warns RBI officials

  • Corporate growth struggles as inflation dents purchasing power, warns RBI officials.
  • Corporations are passing on input costs to selling prices, leading to subdued demand and lacklustre private investment.
  • Slowdown in consumer demand is associated with slower corporate wage growth.
  • Slowing rate of nominal GDP could hinder fiscal spending and achievement of budgetary deficit and debt targets.

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