The rise in India’s manufacturing PMI reading in May should help to ease some concerns over the state of local manufacturing following the weakness of the GDP data for Q1. Nevertheless, additional monetary stimulus still looks likely this week, and there is a growing chance of fiscal loosening too.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services