Macro Economic Factors- February 2024

The Macro-Economic indicators for the month signaled at a strong economic growth across all sectors of the economy. Industrial activity is gaining steam on back of improvement in the performance of manufacturing sector while on the other hand Investment cycle took off, aided by sustained thrust on government capex, increasing capacity utilization, rising flow of resources to the commercial sector and policy support from schemes such as production linked incentive. On 8th February, 2024 RBI kept the repo unchanged reflecting its commitment to balancing price stability and economic recovery.


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