ದಿ ಹಿಂದೂ ಸಂಪಾದಕೀಯ “Growth matrix: On the economy’s performance”  ಬಳಸಲಾದ Idioms and Phrases

ದಿ ಹಿಂದೂ ಸಂಪಾದಕೀಯ “Growth matrix: On the economy’s performance”  ಬಳಸಲಾದ Idioms and Phrases

India’s economy has posted an underwhelming performance for the April-June quarter of the financial year, with GDP growth slowing to 6.1% from 8.7% in the previous quarter. This has led to concerns of a cooling in the economic momentum that was evident earlier in the year. Analysts have pointed out that base effects are in play, which has made the current slowdown seem more pronounced. The government has been taking steps to prop up growth, but the script is yet to fully play out as global economic conditions remain uncertain.

With inflation easing and interest rates stabilizing, there is hope that the economy might rebound in earnest in the coming quarters. However, the pace of recovery is expected to be a tad erratic, as various factors, including international trade dynamics and domestic consumption patterns, continue to hover around uncertain territory. Policymakers are expected to redouble efforts to ensure that the economy stays on a sustainable growth path.

1)  Underwhelming

• Meaning: Failing to impress or stimulate, often due to lower-than-expected performance or impact.
• Example: "The company's latest product launch was underwhelming, with sales falling short of projections."

2)  Cooling in the economic momentum

• Meaning: A slowdown in the pace of economic growth or activity.
• Example: "The recent increase in interest rates has led to a cooling in the economic momentum."

3)  Base effects are in play

• Meaning: The impact of comparing current data to a previous period with unusually high or low figures, which can distort growth rates.
• Example: "The high inflation rate this year is partly due to base effects from last year's deflation."

4)  Prop up growth

• Meaning: To support or sustain economic growth, often through interventions or policies.
• Example: "The government introduced stimulus measures to prop up growth during the recession."

5)  Script is yet to fully play out

• Meaning: The expected events or outcomes have not yet fully occurred or developed.
• Example: "The impact of the new trade policy is yet to fully play out in the global markets."

6)  Redouble efforts

• Meaning: To significantly increase or intensify one's efforts or actions.
• Example: "The team decided to redouble their efforts to meet the project deadline after falling behind schedule."

7)  Easing headline inflation

• Meaning: A reduction in the overall inflation rate, particularly in widely reported consumer prices.
• Example: "Easing headline inflation has brought some relief to consumers facing high living costs."

8)  A tad erratic

• Meaning: Slightly unpredictable or inconsistent in behavior or performance.
• Example: "The weather has been a tad erratic this week, with sudden changes between sunshine and rain."

9)  Rebounds in earnest

• Meaning: A strong and genuine recovery or improvement, usually after a period of decline.
• Example: "The economy began to rebound in earnest after the government implemented new reforms."

10) Hovering around

• Meaning: To remain close to or fluctuate slightly around a particular level or value.
• Example: "The stock price has been hovering around $50 per share for the past few weeks."