Inflation in driver’s seat likely to stall discretionary spend
- Posted on May 13, 2026
- By Business News Today
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- 1 min read
Inflation in driver’s seat likely to stall discretionary spend
While consumer demand had started improving over the past four months after a prolonged slowdown, rising crude oil prices, supply disruptions and Prime Minister Narendra Modis recent call for austerity could threaten to derail that recovery, said executives and analysts. The impact is expected to be sharpest in electronics.
