Risk Of Recession In 2024 India. The reserve bank of india in its monthly bulletin flagged about looming concerns around a likely slowdown in global growth in 2024 after after outperforming. Six countries at recession risk if gdp contraction continues in 2024 among the countries that released their fourth quarter gdp results, six of them reported gdp.
The reason interest rates remain so high is that inflation surged in 2021 and 2022 and has been slower to fall than it was to rise. The ministry of finance’s latest monthly review warns of a potential recession in 2024 due to uncertainties surrounding rising food and energy costs amid.
