India's Economy Faces a Bumpy Road to Recovery
- Survey pegs consumer inflation at lowest since November 2014
- Hindustan Unilever sees ‘temporary pain’ from Modi cash ban
India Braces for a Choppy Economic Recovery
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India’s economy is set for a choppy recovery from the world’s most sweeping currency policy change in decades.
Inflation continued to slow in December as the cash ban squelched demand while a volatile factory output gauge rose in November, according to Bloomberg surveys before data due at 5:30 p.m. in New Delhi on Thursday. Companies are bracing for lower sales and employment and bond-market swings are at the highest level since 2013.