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Podcast: businessline's State of the Economy Podcast
Episode: Expect food prices to rise due to the heat: Grant Thornton's Rishi Shah
Description: In this episode of ‘State of Economy’, businesslines’s Shishir Sinha speaks to Rishi Shah, Partner and Senior Economist, Grant Thornton, to discuss the latest high-frequency economic indicators released over the past week. The conversation starts with an analysis of GDP numbers for FY24 and Q4 FY24, which have surpassed expectations. Rishi discusses the strengths in manufacturing and services sectors while addressing concerns about data discrepancies, particularly the gap between Gross Value Added (GVA) and GDP.Regarding mixed signals in consumption patterns, Rishi mentions that while high-end consumption is on the rise, overall consumption remains subdued...