Forecasts for economic recoveries in the six-member Gulf Cooperation Council in 2021 have been trimmed while expectations for gross domestic product declines last year were mixed in a quarterly Reuters survey of analysts released on Tuesday.
Australia's economy, which entered 2021 in better shape than most of its peers, will gain further momentum from the successful domestic suppression of the coronavirus pandemic and supportive policies, according to a Reuters poll of economists.
Bouncing back from a pandemic stricken 2020 with official interest rates likely to be held steady, China’s economy is expected to grow 8.4% in 2021, before slowing to 5.5% in 2022, the median forecasts of 72 economists polled by Reuters showed. While the predicted growth for 2021 would be the best reading in a decade, .
By Shaloo Shrivastava BENGALURU (Reuters) - India s retail inflation likely fell sharply in December, landing within the Reserve Bank of India s target range, due to a significant drop in vegetable and food prices, a Reuters poll predicted. The Jan. 5-7 poll of around 45 economists suggested retail inflation fell to 5.28% in December from 6.93% in November. Food inflation - particularly vegetable prices - are beginning to correct since supply lines are being restored in food aided by good monsoons, said Prithviraj Srinivas, chief economist at Axis Capital in Mumbai. Inflation had been above the central bank s target range of 2%-6% for the eight months since April, a streak not seen since August 2014.