GST Rate Cuts To Boost Consumption By ₹1 Lakh Crore In FY26: BoB
GST rates cut to 5% and 18% in 2025, easing inflation, boosting consumption, and supporting festive season spending in India.
Global Inflation Poised To Decline To 4.8% In 2024, From 5.9% in 2023: World Economic Forum Report
The improvement in inflation expectations is particularly marked for Europe and the US.