India Data Response Consumer Prices (Nov.) & Industrial Production (Oct.) Although industrial production growth remains strong and core inflation is staying elevated, with headline inflation down sharply and an ally of Prime Minister Modi, Shaktikanta Das, the new head of... 12th December 2018 · 1 min read
India Data Response Manufacturing PMI (Nov.) India’s manufacturing PMI jumped again in November, defying the drop in the PMI readings across most of Asia. Looking ahead, prospects for local manufacturers remain fairly bright over the near term. 3rd December 2018 · 1 min read
India Data Response GDP (Q3) Indian GDP growth slowed in Q3 but remained strong by recent standards. The economy should continue to expand rapidly over the coming months, supported by looser fiscal policy ahead of next year’s... 30th November 2018 · 1 min read
India Data Response Wholesale Prices (Oct.) The rise in wholesale price inflation in October was due in large part to a jump in core inflation. With underlying price pressures set to remain elevated, we think the RBI’s tightening cycle still... 14th November 2018 · 1 min read
India Data Response Consumer Prices (Oct.) & Industrial Production (Sep.) A renewed drop in food inflation pulled down headline inflation in October, but with core inflation rising again we still think that the Reserve Bank’s tightening cycle has a little further to run. 12th November 2018 · 1 min read
India Data Response Manufacturing PMI (Oct.) India’s manufacturing PMI jumped in October, bucking the trend across most of Asia. Looking ahead, prospects for local manufacturers remain fairly bright over the near term. 1st November 2018 · 1 min read
India Data Response Wholesale Prices (Sep.) The rise in wholesale price inflation in September was due in large part due to a significant rebound in food inflation. But core inflation also remained elevated, supporting our view that the RBI’s... 15th October 2018 · 1 min read
India Data Response Consumer Prices (Sep.) & Industrial Production (Aug.) Consumer price inflation crept only a little higher last month. But with core inflation still well above the Reserve Bank’s target, we think that the tightening cycle has a little further to run. 12th October 2018 · 1 min read
India Data Response Manufacturing PMI (Sep.) India’s manufacturing PMI rose in September, continuing the recent run of positive economic data. Looking ahead, prospects for local manufacturers remain fairly bright over the near term. 1st October 2018 · 1 min read
India Data Response Wholesale Prices (Aug.) The moderation in wholesale price inflation in August was in large part due to another drop in food inflation. But core inflation remained elevated, supporting our view that the RBI’s tightening cycle... 14th September 2018 · 1 min read
India Data Response Consumer Prices (Aug.) & Industrial Production (Jul.) Another sharp drop in food inflation pulled down headline consumer price inflation in August. But core inflation remains high and we still think that the Reserve Bank’s tightening cycle has a little... 12th September 2018 · 1 min read
India Data Response Manufacturing PMI (Aug.) India’s manufacturing PMI dropped in August, suggesting that growth in the sector has lost a bit of momentum in Q3 after a very strong Q2. 3rd September 2018 · 1 min read
India Data Response GDP (Q2) Indian GDP growth beat most expectations in Q2 and is likely to continue expanding rapidly over the coming months, supported by looser fiscal policy ahead of next year’s general election. 31st August 2018 · 1 min read
India Data Response Wholesale Prices (Jul.) Wholesale price inflation moderated in July after hitting a five-year high in June. But core inflation remained elevated, supporting our view that the RBI’s tightening cycle still has a little further... 14th August 2018 · 1 min read
India Data Response Consumer Prices (Jul.) The drop in Indian consumer price inflation in July was due in most part to a sharp fall in food inflation. Core inflation remained elevated. As such, we think that the Reserve Bank’s tightening cycle... 13th August 2018 · 1 min read
India Data Response Industrial Production (Jun.) Indian industrial production growth jumped in June, and prospects for the sector remain relatively upbeat over the near term. That said, the recent hikes to tariffs on textiles imports could end up... 10th August 2018 · 1 min read