Business Standard



■ With power demand likely to rise amid the continued economic normalisat­ion and upcoming festive sales, supply-side disruption­s pose an important near-term downside risk to growth momentum, Nomura warned

■ If power outages become more widespread, then industrial output could suffer in the near term, while higher energy costs may squeeze firms' margins and add to consumer price inflation

■ The brokerage upped its consumer price index (CPI) inflation target for 2022 to 5.2 per cent from 5 per cent earlier

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