New Delhi: The Indian economy continues to exhibit resilience amid an uncertain external environment, and remains poised to register high growth, the RBI’s October Bulletin said on Monday.

Indicators of capacity utilisation and domestic demand signalled improvement. Lead indicators of manufacturing and services continued to show a robust expansion. Inflation remained benign, well below the target rate, the Bulletin said.

Global uncertainty has edged up. In the US, both trade and economic policy uncertainty increased in September. Global growth, however, has broadly held up. Investor sentiments dampened in October, on renewed US-China trade tensions and prolonged US government shutdown, after a phase of buoyancy.

“The Indian economy displayed resilience amidst broader global uncertainty

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