India Data Response

Wholesale Prices (Aug.)

Indian wholesale price inflation rose for the seventh consecutive month in August, and is set to accelerate further over the near term. This supports our view that there is little scope for further...

14th September 2016 · 1 min read

India Data Response

Consumer Prices (Aug.) & Industrial Production (Jul.)

The fall in India’s consumer price inflation rate last month brings it into line with the RBI’s near-term target. This may fuel talk of more interest rate cuts but we think that scope for further...

12th September 2016 · 1 min read

India Data Response

Manufacturing PMI (Aug.)

India’s manufacturing PMI rose in August, but the reading still only points to subdued growth in industrial output. The big picture is that local manufacturers continue to face structural constraints...

1st September 2016 · 1 min read

India Data Response

GDP (Q2)

Today’s release of another set of strong GDP data will do little to dispel doubts aboutthe quality of the national accounts numbers.

31st August 2016 · 1 min read

India Data Response

Wholesale Prices (Jul.)

Indian wholesale price inflation recorded another sharp rise in July, and it looks set to accelerate further over the coming months. This supports our view that there is little scope for further...

16th August 2016 · 1 min read

India Data Response

Consumer Prices (Jul.) & Industrial Production (Jun.)

The sharp rise in Indian consumer price inflation in July pushes it further abovethe Reserve Bank’s 5.0% target for March 2017. Prospects for monetary policy depend in part on who is chosen to succeed...

12th August 2016 · 1 min read

India Data Response

Manufacturing PMI (Jul. 2016)

India’s manufacturing PMI edged up in July, but the reading remained lacklustre by past standards. The big picture is that local manufacturers continue to face significant structural constraints.

3rd August 2016 · 1 min read

India Data Response

Wholesale Prices (Jun.)

Wholesale price inflation rose sharply in June, and looks set to accelerate further over the coming months. This reinforces our view that there is little scope for further monetary loosening.

14th July 2016 · 1 min read

India Data Response

Consumer Prices (Jun.) & Industrial Production (May)

Indian consumer price inflation held steady in June, but it remains some way above the RBI's target for March 2017. As such, the scope for further monetary loosening still looks very limited.

12th July 2016 · 1 min read

India Data Response

Manufacturing PMI (Jun.)

India's manufacturing PMI rose in June, but the reading remained lacklustre by past standards. The big picture is that local manufacturers continue to face significant structural constraints.

1st July 2016 · 1 min read

India Data Response

Wholesale Prices (May)

The sharp rise in wholesale price inflation in May reinforces our view that there is little scope for further monetary loosening.

14th June 2016 · 1 min read

India Data Response

Consumer Prices (May)

The rise in India’s consumer price inflation last month pushes it further above the RBI’s target for March 2017. This supports our view that there is no further scope for policy loosening.

13th June 2016 · 1 min read

India Data Response

Industrial Production (Apr.)

Today’s industrial production data suggest, in stark contrast to the upbeat message from the rocketing GDP figures, that Indian industry is still in the doldrums.

10th June 2016 · 1 min read

India Data Response

Manufacturing PMI (May)

India's manufacturing PMI edged up in May, but the reading remained lacklustre. The big picture is that local manufacturers continue to face significant structural constraints.

1st June 2016 · 1 min read

India Data Response

GDP (Q1)

There is some evidence that India’s economy has picked up speed recently but today’s remarkably strong GDP data are hard to believe.

31st May 2016 · 1 min read