October 25, 2017

India Growth Puzzle: October 2017

The Indian economy has slowed considerably since the first half of 2016.


  • The demonetisation program and the recently-implemented GST legislation were disruptive factors. They, nevertheless, do not account for the slowdown in its entirety.
  • The Indian economy enjoyed windfall gains through lower oil prices, the effect of which has largely been eroded.
  • Looking ahead, the economy is expected to gain traction as the impact of disruptive factors fades away.
  • A focus on supply-side reforms will likely yield better results than pursing aggressive policies to lift demand.

For further details, please see the attached document.

The AUD in November 2023

The AUD in November 2023

1 December 2023

The AUD in November AUD/USD returned to ‘normal’ levels of monthly volatility in November.

The AUD in November 2023