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HomeNewsOpinionRBI surveys show disconnect between strong GDP growth and consumer confidence

RBI surveys show disconnect between strong GDP growth and consumer confidence

With GDP growth at 7.8 percent in the June 2023 quarter and 7.6 percent in the September quarter, why aren’t perceptions about income growth and employment growth in the RBI survey better? 

December 11, 2023 / 11:00 IST
Interestingly, the Future Expectations Index (FEI) of the RBI Consumer Confidence Survey has remained firmly optimistic (above 100)
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