Part 6/9:
Among the most troubling signs is the RBI's report of negative Consumer Price Index (CPI) readings for three consecutive months. Traditionally, this should prompt an unforeseen economic revival as prices are expected to rebound due to seasonal variations; however, the continued decline poses serious questions about underlying economic health.
Data shows a negative CPI of 0.97% in January, following declines in the previous months, marking one of the steepest declines seen in years. This trend indicates a broader and more pervasive weakness within the economy, even as consumer prices traditionally reflect the fluctuating nature of food and offsets other expenses.