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What is the likeliest outlook for inflation over the next year or so, given the current economic circumstances?
None, zero, we are currently going through a recession in the market and due to whole corona virus endemic, for a long period of time the demand is going to be subdued in the market adn it will take several government interventions to help the market out of recession. We are not going to see an inflation for atleast 2 more years to come,
The sectors most hit by this endemic will be travel and tourism and anythign that involves a large share of budget, the oil prices are low and fuel is always a large part of inflation as this prices will be down the chances of inflaiton is very low.
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