India has seen a significant decline in poverty, with the rate dropping from 27.1 percent to 2.6 percent. Approximately 496 million people were lifted out of poverty between 2011 and 2023. Employment has increased, particularly among rural women, which contributed to this progress. However, youth unemployment has also risen, particularly among young rural women. The report highlights the need for…
Consumption flat, personal income ex-transfers down. Nominal consumption and income both below consensus by 0.1% m/m. Figure 1: NFP employment (bold blue), civilian employment with smoothed population…
The EUR/USD pair trades in positive territory around 1.1190 during the early European trading hours on Friday. A hawkish pause from the European Central Bank (ECB) provides some support to the Euro…
