HomeNewsBusinessEconomyRBI Bulletin: India's 'output gap' now positive, stagflation risk at only 3%

RBI Bulletin: India's 'output gap' now positive, stagflation risk at only 3%

The output gap is the difference between an economy's actual output and what it can potentially produce. When the gap is positive, it can lead to demand-pull inflationary pressures

August 17, 2023 / 21:02 IST
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India’s GDP grew by a larger-than-expected 6.1 percent in the first quarter of 2023.
India’s GDP grew by a larger-than-expected 6.1 percent in the first quarter of 2023.
Siddharth Upasani is a Special Correspondent at Moneycontrol. He has been covering the Indian economy, economic data, and monetary and fiscal policies for nine years. He tweets at @SiddharthUbiWan. Contact: siddharth.upasani@nw18.com
first published: Aug 17, 2023 09:02 pm

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