BUSINESS
Rising heat and inflation to dampen consumption demand
The current consumption demand is not broad-based but skewed towards goods and services consumed largely by households falling in the upper-income bracket. Thus, sustaining the recovery of consumption demand has become a challenge
BUSINESS
GDP growth is encouraging, but faultline visible on the road ahead
Advanced estimate of national income shows that government final consumption expenditure remains the only encouraging component. Consumption demand is yet to become broad-based and sustainable
