Mumbai, July 14 -- India's macroeconomic landscape is facing severe cost pressures as Consumer Price Index (CPI) climbed to an 18-month high of 4.38 per cent alongside a sharp acceleration in the Wholesale Price Index (WPI) to the 9 per cent mark, driven by escalating food costs and structural energy pain.

In an exclusive interview with ANI, leading economists highlighted that despite these compounding supply-side shocks, widening trade deficits, and geopolitical volatility in West Asia, a resilient domestic growth engine is currently acting as a cushion even as corporate profit margins prepare to take a direct hit.

The recent price acceleration across the board presents a complex hurdle for baseline economic tracking.

Rajani Sinha, Ch...