Current Affairs · Indian and Global Macroeconomic Indicators
Consider the following statements regarding the global economic outlook and India's economic performance as per recent macroeconomic evaluations: 1. The global economic outlook highlights an economic slowdown in the US, alongside weak or modest recoveries in Europe and Japan. 2. Emerging and developing countries are experiencing moderate growth combined with gradual disinflation. 3. In India, high-frequency indicators point to a contraction in economic activity during H2 FY2024-25, contradicting the NSO's first advance estimates. 4. India's headline inflation eased for the second consecutive month in December 2024, though food inflation remains sticky and requires close monitoring for secondary effects. Which of the statements given above are correct?
- 1All statements (1, 2, 3, and 4) are correct
- 2Only statements 1 and 4 are correct✓
- 3Only statements 2, 3, and 4 are correct
- 4Only statements 1, 2, and 3 are correct
Correct answer
Only statements 1 and 4 are correct
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