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Inflation in driver’s seat likely to stall discretionary spend - The Economic Times
While consumer demand had started improving over the past four months after a prolonged slowdown, rising crude oil prices, supply disruptions and Prime Minister Narendra Modis recent call for austerity could threaten to derail that recovery, said executives and analysts. The impact is expected to be sharpest in electronics.
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Crude oil price jumps to $115, highest level since June 2022 amid stalled Iran war talks. Brace for $150? - The Economic Times
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