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2025-07-28 18:09:22
[India's exports face a cold winter, will the global economic slowdown become the "last straw that breaks the camel's back"? ] ⑴ The Indian Ministry of Finance pointed out in its monthly economic report that the global economic slowdown may further suppress India's export demand. ⑵ The report emphasizes that the continued uncertainty caused by Trump's tariff remarks may put pressure on India's trade performance in the coming quarters. ⑶ India's commodity exports fell to US$35.14 billion in June, a 9% decrease from the previous month, the lowest level since November last year. ⑷ Despite external challenges, the report believes that India's macroeconomic fundamentals remain resilient. ⑸ In addition, the report predicts that India's inflation rate in fiscal year 2025-26 may be lower than the 3.7% expected by the Reserve Bank of India, and retail inflation in June has fallen to 2.1%, the lowest in more than six years. ⑹ Although the governor of the Reserve Bank of India said that it has "won the battle against inflation", he still emphasized that price stability is its core goal. ⑺ This series of data shows that although domestic inflationary pressures have eased, weak external demand is becoming a major risk facing the Indian economy.
