India`s economic activities resilient amidst global uncertainties: RBI June Bulletin
An article in the Reserve Bank of Indian (RBI) June Bulletin has said that amid global uncertainties, various high-frequency indicators for May 2025 point towards resilient economic activity in India across the industrial and services sectors. It said the global economy is in a state of flux, reeling from the twin shocks of trade policy uncertainties and a spike in geopolitical tensions.
It noted that agriculture showed a broad-based increase in production across most major crops during 2024-25. Also, the domestic price situation remains benign, with headline inflation staying below the target for the fourth consecutive month in May.
It stated financial conditions too remained conducive to facilitate an efficient transmission of rate cuts to the credit market. The central bank said the views expressed in the bulletin article are those of the authors and do not represent the views of the Reserve Bank of India.
