Economic Surprises refer to unexpected changes in financial conditions. They can impact markets and influence policy decisions. These surprises often arise from shifts in consumer behaviour or global events. They may affect inflation rates, employment figures, and trade balances. Understanding these surprises is crucial for economists and policymakers. They help in anticipating future trends and making informed decisions.
For the Indian economy, 2025 turned out to be an unexpectedly benign — even enviable — year. At a time of global uncertainty driven by trade wars, geopolitical...
