Highlights:
- Growth in PV sales improved in Oct-Nov following a weak performance in Q2.
- Growth in 2-3 wheeler sales recorded a minor contraction in Nov.
- IIP has risen by 4% during Apr-Oct FY25 vis-à-vis 7% growth in the same period a year ago.
- CPI inflation moderated to 5.5% in Nov amid some easing in food inflation.
- Centre’s fiscal deficit is projected at 4.8% of GDP in FY25, marginally lower than 4.9% budgeted.
- Services exports grew by 26.9% while goods exports contracted by 4.8% in Nov.
- Goods and services exports are projected to rise by 2.5% and 13%, respectively in FY25.
- Current account deficit is expected to remain manageable at 0.9% of GDP in FY25.
- Banking system liquidity deficit neared a six-month high in December.
- Weakening pressure on Rupee continued amid a firm dollar.
