The burden of inflation on India’s economic growth

-0 cStoSw">NEW DELHI: India’s economy grew 4.1% in the fourth quarter compared to the same period last year, as rising inflation prevented a more robust recovery from its slowdown during the pandemic.

Food prices are increasing rapidly in India and in most of the developing worldAfter Russia’s invasion of Ukraine, exports of wheat, sunflower oil and corn were disrupted. In India, rising costs have weighed on consumer spending, which is the main engine of growth in the world’s sixth-largest economy.