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Sep 1, 2014

Factory activity expands at slower clip in August

BANGALORE (Reuters) – Factory growth eased in August from July’s 17-month record pace as new orders came in at a slower clip, a business survey showed on Monday.

The HSBC Manufacturing Purchasing Managers’ Index (PMI), compiled by Markit, fell to 52.4 in August from 53.0 in July but chalked up its tenth month above the 50 mark that divides growth from contraction.

Sep 1, 2014

Indian factory activity expands at slower clip in August

BANGALORE, Sept 1 (Reuters) – Indian factory growth eased in
August from July’s 17-month record pace as new orders came in at
a slower clip, a business survey showed on Monday.

The HSBC Manufacturing Purchasing Managers’ Index (PMI),
compiled by Markit, fell to 52.4 in August from 53.0 in July but
chalked up its tenth month above the 50 mark that divides growth
from contraction.

Jul 31, 2014

RBI seen keeping policy rate steady until Q1 2015 – Reuters poll

BANGALORE (Reuters) – The Reserve Bank of India (RBI) is likely to leave its key interest rate unchanged on August 5 and won’t ease policy until early next year on fears food inflation will spike if monsoon rains are below average, according to a Reuters poll.

Nearly all the 43 economists surveyed over the past week expect the RBI to leave its key repo rate on hold at 8 percent.

Jul 31, 2014

India’s central bank seen keeping policy rate steady until first quarter 2015 – Reuters poll

BANGALORE (Reuters) – The Reserve Bank of India is likely to leave its key interest rate unchanged on August 5 and won’t ease policy until early next year on fears food inflation will spike if monsoon rains are below average, according to a Reuters poll.

Nearly all the 43 economists surveyed over the past week expect the RBI to leave its key repo rate on hold at 8 percent.

Jul 31, 2014

India’s central bank seen keeping policy rate steady until Q1 2015

BANGALORE, July 31 (Reuters) – The Reserve Bank of India is
likely to leave its key interest rate unchanged on August 5 and
won’t ease policy until early next year on fears food inflation
will spike if monsoon rains are below average, according to a
Reuters poll.

Nearly all the 43 economists surveyed over the past week
expect the RBI to leave its key repo rate on hold at 8 percent.

Jul 24, 2014

Wary about new government, economists trim Indian GDP forecast: poll

BANGALORE (Reuters) – India’s economic growth will accelerate this fiscal year but economists in a Reuters poll trimmed their forecasts, tempering their optimism the first majority government in three decades would quickly bring in reforms and spur business investment.

While the latest consensus still suggests growth will beat the rate of less than 5 percent seen in the past two years, it does not reflect the stock market euphoria since Prime Minister Narendra Modi’s historic election win two months ago.

Jul 24, 2014

Wary about new government, economists trim Indian GDP forecast

BANGALORE, July 24 (Reuters) – India’s economic growth will
accelerate this fiscal year but economists in a Reuters poll
trimmed their forecasts, tempering their optimism the first
majority government in three decades would quickly bring in
reforms and spur business investment.

While the latest consensus still suggests growth will beat
the rate of less than 5 percent seen in the past two years, it
does not reflect the stock market euphoria since Prime Minister
Narendra Modi’s historic election win two months ago.

Jul 17, 2014

Canadian economic growth to stay subdued; inflation near target: Reuters poll

BANGALORE (Reuters) – Canada’s economy will grow a bit more slowly than previously thought over the next two years, a Reuters poll found, but economists expect inflation to stay near the central bank’s 2 percent target.

The poll of 34 economists taken in the past week pegged economic growth this year at 2.2 percent, down a notch from 2.3 percent in an April poll. High household debt and low wage increases are expected to restrict consumer spending, a key to growth.

May 30, 2014
via MacroScope

U.S. growth back in bloom: most accurate Q1 GDP forecasters

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Most are convinced, including Federal Reserve Chair Janet Yellen, that the U.S. economy has already warmed up significantly from a growth deep freeze at the start of the year.

Business inventories were run down to nearly nothing in the first quarter, and were set for a rebound. There also is no sign that consumer spending is about to veer off its recovery path, especially with the job market gradually improving. All of that is likely to underpin better economic growth.

May 13, 2014
via MacroScope

Drop in German investor morale may have called the peak in growth

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Europe’s growth engine may be on the verge of gearing down, according to an indicator of German investor morale that recorded its biggest drop in one and a half years on Tuesday.

For a euro zone economy that is broadening, but still relying heavily on Germany for growth, as well as inflation that is dangerously low and well below target, that may add another line to the European Central Bank’s worry sheet.

    • About Deepti

      "Polling Correspondent on the Reuters Polls team. Poll, report and write on global economic and market data. First joined Reuters in 2008 as a correspondent covering U.S. small and mid-cap technology stocks and returned in 2011 after a short stint as a freelance web content writer. Hold a journalism degree from Madras University."
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