Demand conditions in economy need to be watched: Finance ministry

The Indian economy looks promising with a stable external sector and a boost from the festive season. However, slow urban demand due to high food inflation and softening consumer sentiments raises concerns. Rural demand improves, but urban demand shows signs of weakening, impacting FMCG and auto sales.

Oct 29, 2024 - 01:00

Demand conditions in economy need to be watched: Finance ministry

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The Indian economy looks promising with a stable external sector and a boost from the festive season. However, slow urban demand due to high food inflation and softening consumer sentiments raises concerns. Rural demand improves, but urban demand shows signs of weakening, impacting FMCG and auto sales.