New Delhi: Household consumption is poised to grow faster in the second quarter of the current fiscal (FY25) as headline inflation eases, with a revival of rural demand already taking hold, the Reserve Bank of India (RBI) said on Friday. Private consumption and gross fixed investment were robust in India and net exports remained sequentially positive in their support to gross domestic product (GDP) growth in Q1 of FY25, the central bank said in its monthly bulletin. “The underperformance of agriculture was compensated for by a buoyant manufacturing sector and resilient services,” said the RBI. Consumer price index (CPI) inflation came in below the RBI’s target for the second consecutive mon
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