Monthly Ecocapsule_Jun’23

This report comprehensively analysis the global growth forecasts, though modestly improved, still pose challenges, notably with rising inflation. The report highlights Australia and Canada’s recent hawkish monetary stance, increasing global benchmark yields, and potential stagflation risks in Japan. India’s FY23 growth surpassed expectations, nominal growth was driven by a generous deflator. The report also draws attention to the banking sector liquidity surge following the return of Rs. 2000 notes. For more such interesting trends, you may refer to our comprehensive EcoCapsule