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Economy

Muted wage growth is killing demand and ... well, everything

Updated : August 14, 2019 11:27 AM IST

According to an SBI report, the reasons for the current domestic slowdown, apart from the global uncertainties, are a combination of both structural and cyclical factors.
Ghosh believes cyclical factors like the recent NBFC crisis, tax and sector-specific issues are also holding back current consumption.
Muted wage growth is killing demand and ... well, everything
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