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US inflation impact on India: Recession in IT sector 2022

Nov 17 2022

Economy Simplified

Basic of Economy 

US inflation impact on India

US inflation impact on India 

Explanation of what led to the soaring US inflation and its impact on India because the US is now preparing to conduct an open war against inflation.

In December 2021, the US inflation rate broke a four-decade trend and hit an all-time high of 7% year-over-year (YOY).

The US Inflation

The demand for labour in the US has been significantly greater than the supply   It is predicted that this situation would prolong

Can this US inflation be stopped soon?

How does US inflation impact the Indian economy?

the Indian economy is projected to grow at 9.2% (here) while allowing for the existing patterns in inflation, 

Will US inflation cause Recession in  IT sector 2022?

Will US inflation cause Recession in  IT sector 2022? 

According to JPMorgan, in the longer run, IT company profitability would continue to suffer. The sector's outlook has grown more pessimistic.

Conclusion

Conclusion

Economic analysts have flashed warnings about upcoming recession risks and global market shocks as a response to the storm clouds looming over the world economy.

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