Economy to see high inflation, slow growth this year: NCAER
High inflation and slowing down of growth have been forecast by an economic think-tank for the remaining part of this fiscal in the face of difficult macroeconomic situations. However, as the supply-side scenario improves, the inflationary pressures are likely to ease in the longer-term, National Council of Applied Economic Research (NCAER) said in its report. "The inflationary pressure is more intense on primary articles and indicates the potential for easing of the pressure as the supply scenario improves,' it said.